Govt reduces minimum export price of onion

Written By kom nampultig on Senin, 16 Desember 2013 | 07.20

Dipak Kumar Dash, TNN | Dec 16, 2013, 07.29PM IST
NEW DELHI: The government reduced minimum export price of onion by $350 a tonne to push exports.

The price was revised on Monday — at $800 per tonne amid reports of crashing onion prices at major mandis.

Though it is expected to bring some relief experts doubt whether it will be of great help considering the prevailing global prices.

They said fixing the price at $600 could have helped exporters to get buyers.

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