Onions Current Affairs, GK & News
The Government of India recently allowed export of Bangalore Rose onions. Earlier the union government had banned the export of all varieties of onions. Bangalore rose onions were given with Geographical Indication tag in 2015. Unique characteristics of Bangalore Rose onions These onions have bulbs with flat base. They are spherical. They have a unique ..
On September 18, 2020, the Directorate General of Foreign Trade lifted the ban on export of onions to other countries including Bangladesh. The decision was made after a long meeting with the Ministry of External Affairs and Commerce. Highlights The lift of Ban came after Bangladesh High Commission complained to India about price hike of onions ..
Category: International Current Affairs
Government of India have released a notification banning the export of all varieties of onions. The ban has been imposed three months after the central government made changes in the Essential Commodities Act, 1955. Why exports have been banned? There could be two major reasons for imposing this ban- The wholesale price of the onion ..
Category: Economy & Banking Current Affairs
The National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) is an apex organization of marketing cooperatives for agricultural produce in India. Its headquarters is located in New Delhi. Recently, it is in news because Consumer Affairs Ministry led-Price Stabilization Fund Management Committee (PSFMC) has decided to import onions through government agency to augment the ..