AMN
The government has removed the minimum export price (MEP) of onion to boost exports of the kitchen staple. The Directorate General of Foreign Trade said in a notification in New Delhi yesterday that requirement of MEP on export of onions stands removed till further orders and all varieties of onions can now be exported without any MEP.
In a tweet, Commerce and Industry Minister Suresh Prabhu also said the requirement of MEP has been removed. He said government is taking all measures to promote exports of agriculture products.
In January, the government had cut the MEP by 150 dollar per
tonne as prices of the vegetable was moderating. MEP is imposed time and again to check rising prices.