e-mandis to be launched by the PM
The Dollar Business Bureau The PM’s initiative to launch e-mandis could be a deliverance to the farming community. Farmers could benefit by the technological initiative that aims at farmers in 8 states to sell 25 commodities in 21 wholesale mandis! On the occasion of 125th birthday of Ambedkar, Prime Minister Narendra Modi will launch the National Agricultural Market portal with an aim of connecting the e-mandis in all the states. The launching of e-mandis will happen in the evening today at Delhi. Prime Minister Narendra Modi tweeted, “In the evening will launch e-trading platform for the National Agriculture Market. 21 mandis from 8 States will join the platform today.” The agriculture minister Radha Singh Mohan said that the government is aiming to assimilate 200 ...
Maharashtra asks Centre to scrap minimum export price on onion
Source: PTI With wholesale prices down to the Rs.10 per kg level, the Maharashtra government has asked the Centre to scrap the minimum export price (MEP) for onions to help boost overseas shipments. In August, the government had hiked onion MEP to $700 per tonne, from $425, as prices at both wholesale and retail levels were skyrocketing on lower output due to unseasonal rains earlier. MEP is the rate below which no exports are allowed. The rise in MEP restricts exports and improves domestic supply. “In a letter written to the Union Agriculture Ministry, the Maharashtra government has demanded removal of onion MEP to encourage exports, which would protect interest of farmers,” a senior Agriculture Ministry official said. India exported 4,59,097 ...