Govt imposes minimum export price of $800 per tonne on onion till Dec 31

The government on Saturday imposed a minimum export price (MEP) of $ 800 per tonne on onion exports till December 31 this year with a view to increase availability of the vegetable in the domestic market and contain prices.

The decision will come into effect from October 29.

Besides, the government has also announced the procurement of additional 2 lakh tonnes of onion for the buffer, over and above the 5 lakh tonnes already…