NEW DELHI: India exported 2.6 lakh tonne of onions till July of this fiscal year, govt said Wednesday. “Govt has lifted the onion prohibition from May 4 and allowed the export with minimum export price of $550 per tonne and export duty of 40%.
“Till July 31, a total quantity of 2.6 lakh tonne of onion had been exported in current financial year 2024-25,” minister of state for food and consumer affairs B L Verma said in a written reply in Lok Sabha.India had exported 16 lakh tonne of onions in the last fiscal. Further, he said govt had procured 4.6 lakh tonne, majorly from Maharashtra, through NCCF and NAFED for the price stabilisation buffer.
“In comparison with last year, the price realisation by onion farmers in current year has been much higher. The average monthly mandi modal prices of onion in Maharashtra between April and July were in the range of Rs 1,230 to Rs 2,578 per quintal as against Rs 693 to Rs 1,205 per quintal for corresponding period last year,” Verma said. The average procurement price of onion for the buffer in current year was Rs 2,833 per quintal.
“Till July 31, a total quantity of 2.6 lakh tonne of onion had been exported in current financial year 2024-25,” minister of state for food and consumer affairs B L Verma said in a written reply in Lok Sabha.India had exported 16 lakh tonne of onions in the last fiscal. Further, he said govt had procured 4.6 lakh tonne, majorly from Maharashtra, through NCCF and NAFED for the price stabilisation buffer.
“In comparison with last year, the price realisation by onion farmers in current year has been much higher. The average monthly mandi modal prices of onion in Maharashtra between April and July were in the range of Rs 1,230 to Rs 2,578 per quintal as against Rs 693 to Rs 1,205 per quintal for corresponding period last year,” Verma said. The average procurement price of onion for the buffer in current year was Rs 2,833 per quintal.