1.2 Lakh Ton onions import approved, other policies in place to curb price rise: Centre

New Delhi: The Minister of State (MoS) for Consumer Affairs, Food & Public Distribution, Danve Raosaheb Dadarao stated today in Parliament that several steps such as creation of onion buffer of about 57,373 MT during Rabi 2019, withdrawal of incentive on export of onions under Merchandise Exports from India Scheme (MEIS) w.e.f. 11 June 2019, imposition of Minimum Export Price (MEP) of $850 per MT on 13 September, and subsequent ban on exports of onions since 29 September, facilitation of import by private traders, imposition of stock limit on onion traders, approval for import and procurement of 1.2 lakh MT of onion etc., have been taken by Government to curb price rise.

Prices of food items are inter alia affected by mismatch in demand and supply, shortfall in production owing to adverse weather conditions and seasonality, increased transportation costs, supply chain constraints like lack of storage facilities, artificial shortage created by hoarding and black marketing, etc.

Untimely and prolonged rains during month of September and October, 2019 caused damage to Kharif onion crop leading to short supply and increase in its prices.

This information was given in a written reply by the Minister of State for Consumer Affairs, Food & Public Distribution, Danve Raosaheb Dadarao in Rajya Sabha today on behalf of the Centre.


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The ID Staff

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