Discount On Onion Imports Till 31st January Prices May Decrease

To overcome the high prices, the government on Thursday increased the deadline in onion import rules by a month and a half to 31 January 2021. This will help in increasing supply of onions along with overcoming prices. On October 21, the government had announced relaxation in certain provisions for onion import, which was till December 15.

The Ministry of Agriculture said that there is concern among the common people about the high prices of onions in the market. In view of this, the relaxation in import rules is being extended till 31 January 2021. However, this exemption is granted with certain conditions. The consignments coming to India will be examined and will be allowed to sell in the market only if they are free of pests. The consignment will be sent back if it is found to be defective in investigation. The ministry said that under the conditions, an affidavit will be taken from the importers that the imported onion is for consumption only. It will not be stored. Onion consignment for consumption is not subjected to four times additional inspection charges for non-compliance with the import conditions under the PQ (Plant Quarantine) Order-2003.

That’s why the government gave a discount
On the other hand, onion prices have started coming down in some parts of the country with the arrival of a new crop in the market. In the national capital, onion prices have come down to Rs 40 per kg. Earlier in October, onion prices reached Rs 65-70 per kg. After this, the government had announced relaxation in import rules.

Sugar production up 61 percent to 73.77 lakh tons
Sugar production in the country rose 61 percent to 73.77 lakh tonnes by 15 December in the marketing year 2020-21. This is mainly due to early mills in Maharashtra and excessive sugarcane production. Sugar production was 45.81 lakh tonnes in the same period last year. According to data from industry body ISMA, production in Uttar Pradesh increased from 21.25 lakh tonnes to 22.60 lakh tonnes in the current marketing year. During this period, Maharashtra produced 26.96 lakh tonnes of sugar, which was just 7.66 lakh tonnes last year. At the same time, the production figure in Karnataka was 16.65 lakh tonnes. According to market sources, 2.5 to 3 million tonnes of sugar was exported to Sidoran.

To overcome the high prices, the government on Thursday increased the deadline in onion import rules by a month and a half to 31 January 2021. This will help in increasing supply of onions along with overcoming prices. On October 21, the government had announced relaxation in certain provisions for onion import, which was till December 15.

The Ministry of Agriculture said that there is concern among the common people about the high prices of onions in the market. In view of this, the relaxation in import rules is being extended till 31 January 2021. However, this exemption is granted with certain conditions. The consignments coming to India will be examined and will be allowed to sell in the market only if they are free of pests. The consignment will be sent back if it is found to be defective in investigation. The ministry said that under the conditions, an affidavit will also be taken from the importers that the imported onion is for consumption only. It will not be stored. Onion consignment for consumption does not impose four times additional inspection fees for non-compliance with the import conditions under the PQ (Plant Quarantine) Order-2003.

That’s why the government gave a discount

On the other hand, onion prices have started coming down in some parts of the country with the arrival of a new crop in the market. In the national capital, onion prices have come down to Rs 40 per kg. Earlier in October, onion prices reached Rs 65-70 per kg. After this, the government had announced relaxation in import rules.

Sugar production up 61 percent to 73.77 lakh tons
Sugar production in the country rose 61 percent to 73.77 lakh tonnes by 15 December in the marketing year 2020-21. This is mainly due to early mills in Maharashtra and excessive sugarcane production. Sugar production was 45.81 lakh tonnes in the same period last year. According to data from industry body ISMA, production in Uttar Pradesh increased from 21.25 lakh tonnes to 22.60 lakh tonnes in the current marketing year. During this period, Maharashtra produced 26.96 lakh tonnes of sugar, which was just 7.66 lakh tonnes last year. At the same time, the production figure in Karnataka was 16.65 lakh tonnes. According to market sources, 2.5 to 3 million tonnes of sugar was exported to Sidoran.