Government bans export of onion with immediate effect
New Delhi: The government on Sunday banned the export of onion to increase availability of the commodity in the domestic market and contain rising prices.
"Export of all varieties of onions...is prohibited with immediate effect," the Directorate General of Foreign Trade (DGFT), an arm of the commerce ministry which deals with exports and import related issues, said in a notification.
The DGFT on September 13 had imposed a minimum export price (MEP) of USD 850 per tonne to curb its shipments and help bring down rising domestic prices.
The MEP is the rate below which no exports are allowed.
Retail onion prices have skyrocketed to Rs 60-80 per kg in Delhi and some other parts of the country due to supply disruption from flood-affected growing states like Maharasthra.
Meanwhile, to give relief to consumers from high prices, the central government is offloading 50,000 tonnes of buffer stock of onion across the country.
The Centre last month had also warned of strict action against hoarding of onion amid supply disruption due to floods in parts of major growing states - Maharashtra and Karnataka.
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Stalin urges Centre to rollback commercial LPG price hike
Chennai (PTI): Tamil Nadu Chief Minister M K Stalin on Friday demanded that the Centre immediately rollback the hike in commercial LPG cylinder prices. The price of commercial LPG was hiked by the steepest ever Rs 993 per 19-kg cylinder on May 1, marking the third straight monthly increase due to rising global energy prices linked to the West Asia conflict.
In his social media X platform, the DMK chief alleged that as predicted before the polls, the BJP-led union government has raised LPG prices immediately after the elections concluded.
"When global crude oil prices fell, the benefits were not passed on to the people, " he said, accusing the Centre of "using the West Asia war crisis as an excuse to raise the prices without regard for public welfare".
Calling for protection of the livelihood of the people, Stalin demanded an immediate rollback of the LPG price hike.
He asked the Centre to consider the people's suffering and find solutions.
