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Global onion prices had surged in recent months after major suppliers, including India, Pakistan, and Egypt, banned exports. File | Photo Credit: The Hindu The Centre on Saturday lifted the prohibition on onion exports imposed nearly six months ago, but restrained the free flow of outbound shipments by stipulating a minimum export price of $550 per…
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Amid an extended ban on onion exports, farmers and traders are miffed that some shipments allowed by the government to markets like the United Arab Emirates (UAE) have been sold at a pittance, even as global prices have soared, yielding windfall profits for selected importers. An Indian farmer is being paid just ₹12 to ₹15…
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