Government to benefit farmers in Maharashtra, Madhya Pradesh amid export ban Rs. 2,410 has resumed the purchase of onion. Union Minister Piyush Goyal has given this information. Earlier, Deputy Chief Minister of the state Devendra Fadnavis, who went on a trip to Japan, spoke with Union Minister for Cooperation Amit Shah and Union Commerce Minister Piyush Goyal on the onion issue.
“The Modi government has decided to procure 2 lakh metric tonnes of onion by setting up special procurement centers in Nashik and Ahmednagar. The procurement will be at Rs 2,410 per quintal, giving relief to onion growers in the state,” Fadnavis said in a statement. . Let us tell you that the wholesale sale of onion was stopped indefinitely in all agricultural produce market committees of Nashik district on Monday in protest against imposition of 40 percent export duty on onion. After this Maharashtra government has come into action.
Govt bid to impose export duty on onion
Earlier, the Union government on Monday said the decision to impose 40 per cent export duty on onion is a timely move to increase domestic supply and control retail prices. The government has said this amid protests by farmers in several places in Maharashtra’s Nashik district against the 40 percent duty imposed on onion exports. Traders are also against the imposition of duty.
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Union Consumer Affairs Secretary Rohit Kumar Singh said that imposition of export duty on onions is not a premature decision. Rather it is a timely decision to increase local availability and control prices.
Export duty on onion for the first time
Singh said the government would intervene in the matter by releasing buffer stock of onion in both wholesale and retail markets in selected states till the situation demands. The Center on Saturday imposed a 40 per cent duty on onion exports amid rising prices and signs of an increase in exports. The decision to impose export duty on onion for the first time is to keep the price of onion, a staple vegetable, in check ahead of the festive season. According to government data, the retail price of onion in Delhi has touched Rs 40 per kg.
Retail price of onion in Delhi is Rs 40 per kg: Singh said that currently the government is releasing onion from buffer stock in Delhi, Telangana, Andhra Pradesh, Himachal Pradesh and Assam. He said that in the last two days, 2500 tonnes of onions have been sold in Delhi-NCR at a subsidized price of Rs 25 per kg. The Centre’s decision was also motivated by the increase in onion exports.
Where do onions go from India?
In this financial year, 9.75 lakh tonnes of onions have been exported from the country between April 1 and August 4. The top three importing countries in terms of value are Bangladesh, Malaysia and the United Arab Emirates. Earlier in the day, traders decided to stop wholesale sale of onion indefinitely in all agricultural produce market committees of Nashik district. It also includes Lasalgaon, the largest onion wholesale market in India. However, APMC sources said that the onion auction was held at Vinchur in the same district.