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Centre to facilitate onion imports as retail price hits Rs 80 a kg

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Centre to facilitate onion imports as retail price hits Rs 80 a kg This decision was taken at a meeting of the inter-ministerial committee on Tuesday as it again reviewed the prices and availability of onions Current Affairs :With provisions running low and onion costs at Rs 80 a kg, the Consumer Affairs Ministry said on Tuesday that the administration will go about as a facilitator for onion imports to facilitate the procedure and guarantee a brisk and sound inventory from different nations. This choice was taken at a gathering of the between pastoral council on Tuesday as it again audited the costs and accessibility of onions. It was chosen that the Union Government will go about as a facilitator for the import of onions, the Consumer Affairs Ministry said. In such manner, the phytosanitary and fumigation necessities will be reasonably changed to encourage imports. Indian missions in Afghanistan, Egypt, Turkey and Iran have been solicited to encourage supply from o...

Centre bans onion export, imposes stock holding limit to check price rise

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Centre bans onion export, imposes stock holding limit to check price rise Earlier, it had authorised states to impose stock limits for certain items under the Essential Commodities Act Current Affairs  :- To control onion costs in front of the bubbly season, the focal government prohibited its fare with quick impact. Also, maybe just because, straightforwardly forced a stock holding limit on retailers and wholesalers the nation over, bypassing state governments. Prior, it had approved states to force stock cutoff points for specific things under the Essential Commodities Act. Notwithstanding, in a surprising proceed onward Sunday, straightforwardly forced a holding point of confinement of 100 quintals on retailers and 500 quintals on discount onion brokers the nation over. The cost has over the previous month taken off to nearly Rs 80 a kg in some retail showcases, incorporating into the capital, Delhi. The impact of the most recent moves stay to be seen, as costs h...