India to import 1.2 lakh metric tonnes of onions

The Cabinet has approved import of 1.2 lakh metric tonnes of onions to improve the domestic availability of the key kitchen staple and check prices. Finance Minister Nirmala Sitharaman informed about the decision at a media briefing after the Cabinet meeting.

On 16th November, Food and Consumer Affairs Minister Ram Vilas Paswan had announced that the government would import 1,00,000 tonnes of onions through state-run MMTC, which has already floated a tender for buying 4,000 tonnes of the commodity from the global market.

On November 16, Food and Consumer Affairs Minister Ram Vilas Paswan had announced that the government will import 1,00,000 tonnes of onions through state-run MMTC, which has already floated a tender for buying 4,000 tonnes of the commodity from the global market. The government is also facilitating private imports and also relaxed phytosanitary and fumigation norms till December.

The move comes after the government’s various efforts to boost the domestic availability failed to cool down the retail prices significantly. Retail prices of onions are continuing to rule above Rs 60/kg in the national capital and other consuming centres.

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