You are here: Home » Current Affairs » News » National
Business Standard

Delhi: Sellers express disappointment over Centre's ban on export of onion

The vegetable sellers at Okhla Sabzi Mandi in Delhi expressed disappointment over the Centre's decision to ban the export of onions and said that it will affect its prices

Topics
Onion | Delhi

ANI  |  General News 

Onion, onion prices
Representative image

The vegetable sellers at Okhla Sabzi Mandi in expressed disappointment over the Centre's decision to ban the export of onions and said that it will affect its prices.

"It will bring a change in the price of onions in days to come. The rates will fall by at least Rs 2-3 per kg in a day or two," said an seller while speaking to ANI.

NCP President Sharad Pawar urged Centre to lift the ban on export. "I also brought to his notice that onions are in good demand internationally & we have been exporting onions consistently. But a sudden decision to this effect by the central government is a major blow to India's image as a reliable exporter of onions in the international market," he tweeted.

The Directorate General of Foreign Trade stated in a notification dated September 14 that exports of all varieties of onions are prohibited with immediate effect, . "The provisions under the Transitional Agreement shall not be applicable under this notification," it said.

The ban comes at a time when the wholesale and retail price of last month fell 35 per cent and 4 per cent, respectively. In the capital, the retail price of onion stood between Rs 35 to Rs 40 per kg.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, September 16 2020. 11:50 IST
RECOMMENDED FOR YOU
.