India sets minimum export price for potatoes at $450/T

NEW DELHI (Reuters) - India has set a minimum export price of $450 per tonne for potatoes, a government statement said on Thursday, as part of the government's drive to boost local supplies to contain inflation.

"Export of potatoes is permitted subject of MEP (Minimum Export Price) of $450 per tonne," the statement from the Directorate General of Foreign Trade (DGFT), an arm of the federal trade ministry, said.

Last week, India set a minimum export price for onion at $300 per tonne.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)