India has allowed duty-free imports of yellow peas until March 2024, an official gazette notification said. This is part of New Delhi’s intervention to cool the prices of the overall pulse basket. Reportedly, the duty on yellow peas was first implemented in November 2017 at 50 per cent. India largely imports yellow peas from Canada […]
India has prohibited the export of onions till March 2024, as per an official notification issued late on Thursday evening. The DGFT notification said the export of onions will be allowed on the basis of permission granted by the central government to other countries based on the request made by the countries. Onions are currently […]
The government on Thursday clarified that onion consignments, registered with customs authorities before 29 October 29, can be exported until 30 November. The clarification comes after the government imposed a minimum export price (MEP) of USD 800 per tonne on onion exports until 31 December. The measure aims to boost domestic availability and control prices. […]
In a bid to alleviate the impact of escalating onion prices on consumers, the Central government announced on Saturday that Mother Dairy’s Safal outlets will sell buffer onions at a subsidized rate of Rs 25 per kg in Delhi-NCR starting this weekend. Simultaneously, the Hyderabad Agricultural Cooperatives Association will undertake similar initiatives in Telangana and […]
The union government’s decision to impose a Minimum Export Price (MEP) of USD 800/ton on Onion with effect from 29 October 2023 till 31 December 2023 recorded a decline of 5 per cent to 9 per cent from the highest price registered during the last week. The weighted average price of Onion in Maharashtra across […]
Buyers have expressed concern over the rising onion prices in several parts of the country and urged the government to take additional steps to bring it down. The price of onion has touched Rs 80 per kg in Mumbai. The government recently imposed Minimum Export Price for onions and procurement of additional 2 lakh tonnes […]
The union cabinet has approved the fair and remunerative price for sugarcane farmers at Rs 315 per quintal, which is the highest ever, Union Minister Anurag Thakur said here on Wednesday. He said sugar procurement has increased to Rs 1,13,000 crore and total procurement in the 2014-23 period stands at Rs 7,86,066 crore. Addressing a […]
Since the onset of COVID-19 grocery shopping has taken a new distinct approach. Buyers have become accustomed to online grocery shopping, contact-free pickup and delivery options while the pandemic was seen as a threat to retail shopping not only did it take a new turn but it boosted beyond imagination. India is one of the […]
An Indian edible oil industry body issued an advisory to its members appealing to reduce the retail and wholesale prices in line with prevailing global markets to benefit the consumers. “Members have responded favourably and started announcing a further reduction in MRP and wholesale price of edible oils of their brands,” the apex industry body […]
Patanjali Foods Limited has signed a Memorandum of Understanding with the Telangana government to establish a food processing unit in the Nalgonda district. The company was formerly known as Ruchi Soya Industries Limited. The food processing unit will come up at Uppalancha village with a capital investment of Rs 1,050 crore, Patanjali Foods informed stock […]
