Don't Move Your Onion - Minimum Export Price Hiked Steeply
GOVERNMENT has hiked the Minimum Export Price (MEP) of onions to USD 900 per MT. Just a month ago, it was USD 650.
But why should anyone export onions when they command a price of Rs. 80 per kg in India?
DGFT Notification No. 41/(RE-2013)/2009-2014, Dated: September 19, 2013