India relaxes ban on onion exports, allows shipments to 6 neighbouring countries including UAE
ALSO READ: India approves export of 10,000 tonnes of onion each to Sri Lanka, UAE On December 8, 2023, the Indian government had banned export of onions. The ban on export of onions was imposed to ensure adequate domestic supply against the backdrop of estimated lower Kharif and Rabi crops in 2023-24 compared to the previous year.
The National Cooperative Exports Limited (NCEL), the agency for the export of onion to these countries, sourced the domestic onions to be exported through e-platform at L1 prices. NCEL has supplied to the agency or agencies nominated by the government of the destination country at the negotiated rate on a 100 per cent advance payment basis.
“As the largest producer of onion in the country, Maharashtra is the major supplier of onions sourced by NCEL for export," the statement said. “Being purely export-oriented, the production cost of the white onion is higher than other onions due to higher seed cost, adoption of good agricultural practice (GAP) and compliance to strict maximum residue limits (MRL) requirements," the statement added.
ALSO READ: Govt may provide DBT to onion farmers for procurement The procurement target for onion buffer out of Rabi crop 2024 under the Price Stabilisation Fund (PSF) of the Department of Consumer Affairs has been fixed at 5 lakh tonnes this year. The central agencies, such as NCCF and NAFED are tying up with local agencies such as FPOs/FPCs/PACs to support the procurement, storage and farmers registration to begin the procurement of any store-worthy onion.Milestone Alert!
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