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Authorities India on Wednesday permitted export of extra 10,000 tonnes of onion to the United Arab Emirates (UAE) by means of the Nationwide Cooperative Export Restricted (NCEL). Earlier than this, the federal government had accredited the export of 14,400 tonnes of onion to UAE final month. “Over and above the quota prescribed vide notification dated March 1, 2024, extra 10,000 tonnes of onion is permitted to be exported to UAE by means of NCEL,” the Directorate Normal of Overseas Commerce (DGFT) mentioned in a notification.
There’s a ban on export of onion
Nevertheless, the federal government has imposed a ban on export of onion to make sure home availability. However the authorities permits pleasant international locations to ship them a specified amount of onions on request. Onions can be exported by means of NCEL, a cooperative society working in a number of states. India had exported 9.75 lakh tonnes of onion between April 1 and August 4 within the final monetary yr. The highest three importing international locations of onion when it comes to worth had been Bangladesh, Malaysia and UAE.
market value of onion
Speaking in regards to the market value of onion, it was minimal Rs 1600 to 1810 per quintal in Uttar Pradesh on Wednesday. The minimal market value of onion in Baroda, Gujarat was Rs 1250 per quintal. Other than this, this value is Rs 1800 per quintal in Mohali, Punjab, Rs 140 per quintal in Ujjain, Madhya Pradesh, Rs 800 per quintal in Sagar, Rs 2300 per quintal in Malappuram, Kerala, Rs 1500 per quintal in Sundergarh, Odisha and Yamuna Nagar in Haryana. It was Rs 1700 per quintal.
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2024-04-03 18:07:52
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