Govt Bans Export of Onion Seeds Amid Rising Prices in Domestic Markets


PTI, Oct 29, 2020, 8:29 PM IST

The government on Thursday banned exports of onion seeds with immediate effect amidst rising prices of the bulb in the domestic markets. Earlier, the export of onion seeds was in the restricted category, which means an exporter was required to obtain a licence or permission from the government for shipments.

“The export of onion seeds is prohibited, with immediate effect,” the Directorate General of Foreign Trade (DGFT) said in a notification. It added that the provisions under transitional arrangement shall not be applicable. Onion seed exports were worth USD 0.57 million during April-August this fiscal against USD 3.5 million in the full 2019-20 fiscal.

The DGFT has already banned exports of onion to contain onion prices. The Centre imposed stock holding limit on retail and wholesale traders till December 31 to improve the domestic availability of the commodity and provide relief to consumers. Retailers can stock onion only up to 2 tonne, whereas wholesale traders are allowed to keep up to 25 tonne, Consumer Affairs Secretary Leena Nandan said in a press conference.

Onion prices have shot up sharply to about Rs 70 per kg in the last few weeks in the wake of damage to standing Kharif crop in producing areas due to heavy rainfall.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Teaser of Puneeth Rajkumar’s dream project ‘Gandhada Gudi’ released, colleagues get emotional

Places of Worship Act can be repealed to pave way for construction of grand temple in Mathura:BJP MP

27 still missing after Indonesia volcanic eruption kills 15

Answer members’ questions in the House itself: LS Speaker to ministers

Kasargod: Man gruesomely murders wife by beheading; arrested

SC to consider listing NIA’s plea against Bombay HC order granting default bail to Sudha Bharadwaj

Active COVID-19 cases in country lowest in 552 days


Related Articles More

Places of Worship Act can be repealed to pave way for construction of grand temple in Mathura:BJP MP

Answer members’ questions in the House itself: LS Speaker to ministers

AFSPA should be repealed: Meghalaya CM

SC to consider listing NIA’s plea against Bombay HC order granting default bail to Sudha Bharadwaj

Active COVID-19 cases in country lowest in 552 days

MUST WATCH

Dog Theft in Shivamogga

Byndoor: Cattle carcasses insensitively dragged on road irks Hindu organisations

NEWS BULLETIN 05-12-2021

NAGALAND VIOLENCE ON CIVILIANS

Cocodile Rescue work at Beltangady


Latest Additions

Teaser of Puneeth Rajkumar’s dream project ‘Gandhada Gudi’ released, colleagues get emotional

COVID-19: Further containment measures after consulting experts, says K’taka CM

Places of Worship Act can be repealed to pave way for construction of grand temple in Mathura:BJP MP

27 still missing after Indonesia volcanic eruption kills 15

Answer members’ questions in the House itself: LS Speaker to ministers

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.