Centre withdraws 20 per cent export obligation on onion from April 1
Regardless of export restrictions, the federal government stated that the full onion export throughout 2023-24 was 17.17 lakh tonne and in 2024-25 (until March 18), it was 11.65 lakh tonne.
The Centre on Saturday withdrew the 20 per cent obligation on onion export, with impact from April 1, this 12 months, which had been imposed earlier in September 2024. The Division of Income issued a notification on this regard. The federal government has taken measures to verify exports by the use of obligation, minimal export worth (MEP) and even to the extent of prohibiting export for nearly 5 months from December 8, 2023, until Could 3, 2024.
The export obligation of 20 per cent, which now stands eliminated, has been in place since September 13, 2024. Regardless of export restrictions, the federal government stated that the full onion export throughout 2023-24 was 17.17 lakh tonne and in 2024-25 (until March 18), it was 11.65 lakh tonne. Month-to-month onion export amount had picked up from 0.72 lakh tonne in September 2024 to 1.85 lakh tonne in January, 2025.
“The choice stands as one other testomony to the federal government’s dedication to making sure remunerative costs to farmers whereas sustaining the affordability of onion to the shoppers at this important juncture when each mandi and retail costs have softened following the anticipated arrival of rabi crops in good portions,” Ministry of Client Affairs, Meals & Public Distribution, stated in a launch.
Though the present mandi costs are above the extent through the corresponding interval of earlier years, a decline of 39 per cent is noticed within the all-India weighted common modal costs, it said.
Equally, all-India common retail onion costs recorded a decline of 10 per cent over the previous month. Onion arrival in benchmark markets Lasalgoan and Pimpalgaon have elevated from this month.
As per the estimates of the Division of Agriculture and Farmers Welfare, rabi manufacturing this 12 months at 227 lakh metric tonnes is over 18 per cent larger than 192 lakh tonnes final 12 months.
The rabi onion, which accounted for 70-75 per cent of India’s whole onion manufacturing, is essential for general availability and stability in costs until the arrival of the kharif crop from October/November onward. “The estimated larger manufacturing this season is anticipated to additional ease the market costs in coming months,” the Meals Ministry stated.
(With inputs from ANI)
