To address the escalating costs of onions and ensure an ample supply for the local market, the government recently introduced a minimum export price of $800 per metric tonne. Nevertheless, the increasing prices of this essential kitchen ingredient have taken on a political dimension as the 2024 Lok Sabha election and this year s Madhya Pradesh assembly election approach.
On Saturday, the Centre imposed a Minimum Export Price (MEP) of USD 800 per tonne on onion exports till December 31 to boost the availability of the vegetable in the domestic market.