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India to import up to 1.2 lakh tonnes of onions to combat price hike

Currently, onion is being sold at more than Rs 100 per kg in most of the Indian cities.

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To check the national crisis over the rising price of onions, the central government on Friday approved the import of up to 1.2 lakh tonnes of onions. According to a Press Information Bureau (PIB) release, the Ministry of Consumer Affairs, Food & Public Distribution has been directed to import up to 1 lakh tonne onions in import tenders.

The details are provided as follows:

Year

Procurement (in 000 MT)

Import (in 000 MT)

2014-15

Nil

Nil

2015-16

8.52

1.987

2016-17

18.37

Nil

2017-18

5.03

Nil

2018-19

13.50

Nil

 

Amid concerns over rising prices of onions, the government on Tuesday revised the permissible stock limits for the commodity with immediate effect. The centre has also announced that will import 11,000 Metric Tons (MT) of onion from Turkey in addition to 6,090 MT from Egypt. The supply from Egypt will arrive in India in the second week of December while consignment from Turkey will reach the Indian shores in January 2020.

Last month, the Union Cabinet had approved importing 1.2 lakh tonnes of onion to improve the domestic supply. Exports have already banned and a limit has been imposed on stock-holding for wholesalers and retailers for an indefinite period.

Currently, onion is being sold at Rs 100 per kg in most of the Indian cities.

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