The MEP for export of onion is revised from $525 to $ 1200 per tonne (C&F, Dubai base).
There will be voluntarily suspension of issuance of No Objection Certificates (NOCs) by NAFED, NCCF and other STEs. The NOCs which have already been issued till today will be effected only on $ 1200 per tonne C&F. NAFED and NCCF will start retail sale of onion from 21.12.2010 through their own outlets for making available onion to the consumer at a reasonable price.
India
NOC for Onion Exports Suspended
MEP Raised to $1200 a Tonne for Existing NOCs
Special Correspondent - 20-12-2010 17:08 GMT-0000
New Delhi: A meeting of the Price Fixation Advisory Committee (PFAC) for fixing the Minimum Export Price (MEP) of onion was held today.