In March, the cost of a vegetarian thali rose by 7% due to surging prices of onions, tomatoes, and potatoes. However, it was cheaper than in February. In contrast, a non-vegetarian thali, mainly dal replaced by chicken, decreased by 7% due to lower broiler prices.
This move aims to regulate onion exports and ensure an adequate supply of this essential commodity in the domestic market, which has been experiencing increased prices. The new export policy, as per the DGFT announcement, is set to be effective from Sunday, October 29., Business News, Times Now
Onion Exports Face Woes In Wooing Back Importers, Higher Domestic Price
by M R Subramani - Feb 10, 2021 10:37 AM
A file picture of onions kept ready for auction at Gondal Agricultural Produce Marketing Committee Yard in Gujarat.
Snapshot
According to the Kolkata-based Directorate-General of Commercial Intelligence and Statistics, India exported 13.17 lakh tonnes of onion between April and October this fiscal before the ban was imposed.
Onion shipments from India are facing problems after the Union government lifted the ban on exports from 1 January this year, first in wooing back importers and now due to rising domestic prices.
The Union government banned onion exports in September last year after the vegetableâs retail prices began to surge. In the second week of October, the rates topped Rs 100 a kg in retail outlets.