date:Dec 24, 2013
d in the last fiscal 2012-'13. The decline in export is due to reduced supply over the past few months and a higher Minimum Export Price (MEP) set by the government, an official of the National Horticulture Research and Development Foundation ( NHRDF) told TOI on Friday.
The union government had revised the earlier MEP of onion, which stood at $1,150 a tonne, to $850 a tonne on December 16. With domestic prices of the crop falling sharply, farmers had strongly sought removal of MEP and had stag