Rising Prices: Government Bans Export Of All Varieties Of Onion

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NEW DELHI: The Centre has banned the export of all varieties of onion with immediate effect to check their increasing prices in the country.

The Commerce Ministry has amended its export policy putting onion under prohibitory category till further orders.

Earlier, the Centre had sent a team of two Joint Secretary-level officers to Maharashtra to talk to farmers, traders and transporters to assess the availability of onions and persuade them to bring more onions to the market.

The Centre is also sending onions to States on their demand. It has a buffer stock of 56,000 tonnes of onion, of which 16,000 tonnes has been offloaded so far.

Central agencies like Nafed and the National Cooperative Consumers’ Federation of India have been selling onion from the buffer stock at Rs 22-23/kg, while Mother Dairy’s Safal stores are selling at Rs 23.90 per kg in the National Capital.

Food and Consumer Affairs Minister Ram Vilas Paswan had asserted that the demand for any quantity will be fulfilled immediately.

The excess monsoon in key producer states like Karnataka, Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, Uttar Pradesh, and Bihar, has not only burned a hole in common man’s pocket but has also led to a shortfall in its supply.

The wholesale price of onion has touched Rs 4,000 per quintal (as per the Lasalgaon’s wholesale market data), recording a hike of about Rs 1,000 per quintal in the recent months. The onion price hike is the highest in the past four years. In the past six months alone, the onion prices have been up by almost Rs 25 per kg, says the Consumer Affair Department’s price monitoring cell data.

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