A good news after a long time for the Indian farmers. Let’s see what it is.
And it’s about Bangalore Rose, Krishnapuram Onions Export. Below is the detailed information along with the conditions kept while export.
As, onion exports were banned on the 14th of last month due to rising onion prices. Permission has been granted to export 10,000 tonnes of each type of onion through Chennai port till March 31.
Bangalore Rose, Krishnapuram Onions Export With Conditions
The federal government on September 14 banned the export of onions to control the price hike in the domestic market and ensure adequate supply. In this context, the farmers had demanded the Central Government to exempt Bangalore Rose Onions from this ban.
The Central Government has given permission for the export of Bangalore Rose Onion and Krishnapuram Onion with certain conditions. The Directorate General of Foreign Trade (DGFT) said in a statement on Friday: “Bangalore Rose Onion and Krishnapuram Onion are allowed to export up to 10,000 tonnes till March 31, 2021.” The DGFT said in a statement that the order would take effect immediately.
The use of this type of onion is very low domestically. At the same time, they are exported in large quantities to South Asian countries, including Thailand, Malaysia, Singapore and Taiwan.
In view of this, the Central Government has exempted Bangalore Rose onion and Krishnapuram Onion from the ban in the interest of the farmers.
Conclusion
Hope you got the complete information about Bangalore Rose, Krishnapuram Onions Export. If you have any questions feel free to ask and I would like to answer you.
So, one question comes in my that is it the right step taken by the central government?
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