Centre allows export of 99,150 MT onion to six countries Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka

Centre allows export of 99,150 MT onion to six countries Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka

Daily Current Affairs / Centre allows export of 99,150 MT onion to six countries Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka

Change Language English Hindi

Category : Miscellaneous Published on: April 29 2024

Share on facebook

The Government has allowed export of 99,150 MT of onion to six neighbouring countries of Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka.
Onion export prohibition has been imposed to ensure adequate domestic availability against the backdrop of estimated lower Kharif and Rabi crops in 2023-24 as compared to previous year and increase demand in international market.
The National Cooperative Exports Limited (NCEL), the agency for export of onion to these countries, sourced the domestic onions to be exported through e-platform at L1 prices and supplied to the agency or agencies nominated by the government of the destination country at the negotiated rate on 100% advance payment basis.
The offer rate of NCEL to the buyers takes into account the prevailing prices in the destination market and also international and domestic markets.
The quota allocated for export to the six countries are being supplied as per requisition made by the destination country. As the largest producer of onion in the country, Maharashtra is the major supplier of onions sourced by NCEL for export.

Recent Post's

India hosted the 11th Asian Aquatics Championships 2025 in Ahmedabad, where Srihari Nataraj led India to win 13 medals.
Read More....
The Defence Research and Development Organisation (DRDO) and the Solar Energy Corporation of India (SECI) signed a MoU to develop 300 Megawatt solar projects across DRDO campuses, aiming for Net-Zero defence establishments by 2027.
Read More....
Telangana tops India in per capita UPI transaction intensity, reflecting strong digital adoption and a shift towards a less-cash economy.
Read More....
Maldives becomes the first country to eliminate mother-to-child transmission of HIV, hepatitis B, and syphilis.
Read More....
Assam’s CM-FLIGHT program trains youth in Japanese to prepare 50,000 candidates for employment in Japan under the Specified Skilled Worker (SSW) visa by 2030.
Read More....
Amid youth-led protests over power and water shortages, Madagascar’s military seized control, highlighting the country’s ongoing political instability.
Read More....
Recently launched, EPFO’s ‘Vishwas Scheme’ cuts PF penalties, simplifies litigation, and ensures members’ retirement security.
Read More....
16th IREE 2025 was held in New Delhi, showcasing innovations and modern technologies in railway and metro sectors.
Read More....
Hindustan Shipyard Limited (HSL) recently got Mini Ratna status, enhancing its financial strength and innovation in maritime defence.
Read More....
World Anaesthesia Day on October 16 honors painless surgery and the vital role of anaesthesiologists.
Read More....