Union Government Notifies Minimum Export Price of Onion at $850 per Tonne

Posted on:24 Nov 2017 12:10:20
Union Government Notifies Minimum Export Price of Onion at $850 per Tonne
24 November 2017 Current Affairs: The  Union Government notified Minimum Export Price of onion at 850 dollars per tonne to ensure its availability in the domestic market. 

The Food and Consumer Affairs Minister Ram Vilas Paswan stated this will discourage cheap export from the country and augment its domestic availability.

The Ministry had authorized National Agricultural Cooperative Marketing Federation (NAFED) and Small Farmers Agribusiness Consortium (SFAC) to procure 12 thousand tonnes onion.
The  Union Government notified Minimum Export Price of onion at 850 dollars per tonne to ensure its availability in the domestic market. 

The Food and Consumer Affairs Minister Ram Vilas Paswan stated this will discourage cheap export from the country and augment its domestic availability.

The Ministry had authorized National Agricultural Cooperative Marketing Federation (NAFED) and Small Farmers Agribusiness Consortium (SFAC) to procure 12 thousand tonnes onion.

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