India eases exports of onions to Sri Lanka, UAE
The Indian government has eased exports of onions to Sri Lanka and the United Arab Emirates, a senior official of the Federal Ministry of Commerce and Industry said on Thursday.
A notification issued by the country’s Directorate-General of Foreign Trade on Monday stated that onion exports would be carried out through the National Cooperative Exports Limited.
The notification said the government permitted the exports of an additional 10,000 tonnes of onions to the UAE (above 24,400 tonnes already allowed) and 10,000 tonnes to Sri Lanka.
The government’s decision to ease exports to Sri Lanka and the UAE assumed significance in the aftermath of the ban on exports of the commodity till last month in a bid to check prices in domestic markets.
Currently, onions are sold between 35 and 40 Indian Rupees (41 and 47 U.S. cents) per kilogramme in retail markets across India.
In October-November 2023, the price of the commodity skyrocketed to around 70-80 Indian Rupees per kilogramme.
Thereafter, in December 2023, the Indian government put onion exports under prohibition till March 31, 2024, to ensure availability and check rising prices.
(Xinhua/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
Akwa Ibom: NSCDC says 8,400 litres of petrol impounded
The NSCDC command in Akwa Ibom says it has impounded 8,400 litres of petrol smuggled out of the country en route to Cameroon.
States
Group partners Anambra, and Enugu governments to address South-East’s educational needs
The 2024 South-East Educators Conference convener Doris Chinedu-Okoro says it will partner the Anambra and Enugu governments to address educational needs in the zone.
Anti-Corruption
Alleged N4 Billion Fraud: Court orders ex-Anambra Governor Obiano to face trial
On Thursday, the Abuja Division of the Federal High Court dismissed an application by ex-Governor Willie Obiano challenging the EFCC’s powers to prosecute him.
Politics
Court sets aside Ganduje’s suspension from APC
Embattled APC national chair Abdullahi Ganduje has secured a court order invalidating his suspension from the position and the party.
Abuja
Court fixes April 23 for ruling in substituted service on fleeing Yahaya Bello
When the matter was called for the arraignment of Mr Bello on a 19-count money laundering charge preferred against him, the former governor was not in court.
Politics
NNPP founder says party will contest Ondo, Edo governorship elections
The founder of the New Nigeria People’s Party, Boniface Aniebonam, says the party will contest the Ondo and Edo governorship elections later this year.
