Govt removes minimum export price on onion and basmati rice
The Free Press Journal|September 14, 2024
The government on Friday scrapped the minimum price thresholds for onion and basmati rice to boost outbound shipments and enhance farmers' income.
Govt removes minimum export price on onion and basmati rice

The decision to remove the Minimum Export Price (MEP) on both onion and basmati rice comes ahead of assembly elections in Maharashtra and Haryana. Haryana along with Punjab is the major producer of basmati rice.

According to a communication from the Department of Commerce, the USD 950 per tonne minimum export price on basmati rice has been removed.

This story is from the September 14, 2024 edition of The Free Press Journal.

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This story is from the September 14, 2024 edition of The Free Press Journal.

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