Government permits exports of additional 10,000 tonnes of onion to UAE

03 Apr 2024 Evaluate

The government has permitted exports of additional 10,000 tonnes of onion to the UAE through the National Cooperative Exports (NCEL). Though onion exports are banned, the government allows specified quantities to friendly nations. The exports are allowed on the basis of permission granted by the government to other countries based on their request.

On December 8 last year, the government banned exports of onion with a view to increase domestic availability and to keep prices in check. Earlier, the Centre in October 2023 had decided to step up the sale of buffer onion stock at a subsidised rate of Rs 25 per kg in retail markets in order to provide relief to consumers. To control prices, the government has earlier taken several steps. It had imposed a minimum export price (MEP) of $800 per tonne on onion exports on October 28 till December 31, 2023. In August, India had imposed a 40 per cent export duty on onions up to December 31, 2023.

NCEL is a multi-state cooperative society. It is jointly promoted by some of the leading cooperative societies in the country, namely, Gujarat Cooperative Milk Marketing Federation (GCMMF), popularly known as AMUL; Indian Farmers Fertilizer Cooperative (IFFCO); Krishak Bharati Cooperative (KRIBHCO) and National Agricultural Cooperative Marketing Federation of India (NAFED).

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