Area under horticulture crops recording an increase of 1.9% over previous year
Sourced from Press Information Bureau The Department of Agriculture, Cooperation and Farmers Welfare has released the Second Advance Estimates of Area and Production of Horticulture Crops for 2016-17. These estimates are based on the information received from different State/UTs in the country. The production of horticulture crops in the country during 2016-17 is estimated to be more than 295 million tonnes which 3.2 % higher as compared to the previous year’s 2015-16 estimates. The area under horticulture crops has increased from 245 lakh ha to 249 lakh ha in 2016-17 recording an increase of 1.9% over previous year. Fruits production during the current year is estimated to be 93 million tonnes which 2.9% higher than the previous year. Production of vegetables is estimated to be around 175 million tonnes which 3.5% higher than the ...
Indias onion exports shot up by 33% in Apr-Feb
The Dollar Business Bureau The onion exports from India increased by 33% to Rs. 2,362 cr during the first 11 months of FY2015-16. The data compiled by the National Horticultural Research and Development Foundation revealed that about 9,80,566 tonnes of onions were exported during 11 months of 2015-16 fiscal, as against 9,70,442 tonnes in the 11 months of previous fiscal year. On the back of higher sales realization, the exports escalated to Rs 2,362 crore from Rs 1,771 crore worth exports recorded in previous fiscal. The average price worked out to Rs 28,215 per tonne in Fy16 against Rs 18,507 in FY15. In June 2015, the government hiked the Minimum Export Price to $452 per tonne. Later, the price was further hiked in August to $700 per ...
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 ...
