Karnataka BJP MP Tejasvi Surya appealed to the Centre to exempt ‘Bangalore Rose’ from the ban as this special variety is grown for export to Southeast Asian countries.
Over the last two weeks, wholesale and retail prices have more than doubled in several markets across India, including the largest wholesale onion market in Nashik.
The government had nearly doubled its buffer stock target to 1 lakh metric tonnes after last year’s price rise, but so far, it has only procured 45,000 MT.
In September 2019, the govt banned onion exports and also imposed an MEP of $ 850 per tonne, after prices started skyrocketing due to supply-demand mismatch.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Export ban on onions and bill to facilitate farmers wherever they want to sell theirs produces. Heights of hypocrisy.