Onion Prices Current Affairs, GK & News

Ban lifted on Onion Exports

Recently, the Government of India lifted the ban on export of all types of onions. The ban was imposed by the central government in September, 2020 and is to be lifted from January 1, 2021. Why did GoI impose ban on Onions? There were two major reasons behind the government ban. Wholesale prices of onions ..

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GoI allows Export of Onions

In September 2019, GoI had banned the export of onions in order to bring down its prices in the country. The prices of the key cooking ingredient had soared due to supply disruptions and floods in the major onion producing states Haryana and Maharashtra. Highlights Onion prices peaked in December 2019 as rains hit the ..

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Market Intelligence and Early Warning Systems to monitor prices of Onion, Tomato and Potato

On February 26, 2020, the Minister of Food Processing Industry launched Market Intelligence and Early Warning System (MIEWS) Web Portal in New Delhi. The MIEWS is first of its kind. Highlights The main function of MIEWS is to monitor prices of onion, tomato and potato (TOP crops). It will also generate alerts under the terms ..

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FICCI study on Onion Price Rise: India should follow Israel, Brazil

India is witnessing price hikes in retail onion up to Rs 100 per kg currently in November 2019. Government had introduced the TOP-Tomato Onion Potato Scheme in 2018-19 Budget to address this problem. However, the scheme has not taken off well. The FICCI (Federation of Indian Chambers of Commerce and Industry) on Novmber 8, 2019, ..

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Current Affairs Q+A: Onion Price Rise

Since May 2019, onion prices are constantly rising in India. The price has increased by Rs 20 – 25 per kg across the country in the last 6 months. Why are the Onion Prices rising? The price rise occurs usually in the months when the onion consumption goes down. It is usually in the month ..

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