The Centre on saturday withdrew the 20 percent responsibility on onion export, with effect from april 1, this 12 months, which had been imposed in advance in september 2024. The department of sales issued a notification in this regard.
The government has taken measures to check exports by means of obligation, minimum export price (MEP), and even to the volume of prohibiting export for almost five months from december eight, 2023, till May additionally three, 2024.
The export duty of 20 in keeping with cent, which now stands eliminated, has been in the vicinity when you consider that september thirteen, 2024. Despite export restrictions, the government said that the full onion export all through 2023-24 was 17.17 lakh tons, and in 2024-25 (till march 18), it changed to eleven point sixty-five lakh tons. The month-to-month onion export amount had picked up from 0.72 lakh tons in september 2024 to 1.85 lakh tons in january 2025.
"The selection stands as another testament to the authorities' dedication to ensuring remunerative expenses to farmers at the same time as maintaining the affordability of onion to the clients at this crucial juncture when both mandi and retail prices have softened following the anticipated arrival of rabi vegetation in suitable quantities," the Ministry of customer Affairs, Meals & Public Distribution, said in a launch.
Even though the current mandi charges are above the level all through the corresponding length of preceding years, a decline of 39 consistent with cent is found within the all-India weighted average modal prices, it said.
Further, all-India common retail onion costs recorded a decline of 10 percent over the last month. onion arrivals in benchmark markets Lasalgaon and Pimpalgaon have multiplied from this month.
As in keeping with the estimates of the Department of Agriculture and Farmers Welfare, rabi production this 12 months at 227 lakh metric tonnes is over 18 percent higher than 192 lakh tonnes last year.
The rabi onion, which accounted for 70-75% of India's total onion production, is vital for average availability and stability in charges until the arrival of the kharif crop from October/November onward. "The estimated better manufacturing this season is expected to, in addition, ease the marketplace expenses in coming months," the meals ministry stated.