Karachi: Instead of imposing a ban on the export of onions by the Ministry of Commerce, increasing the export price has increased the price of onions at the retail level by Rs.
In order to make the availability of onions in the local market possible and to supply onions to the Indian people at cheap prices, a ban was imposed on the export of onions from India, while despite the economic crisis in Pakistan and the worst inflation in history, the exporters of onions Capital earning from stockpiling and export has been allowed.
On the one hand, Pakistan is exporting indigenous onions, on the other hand, onions are being imported from Turkey to meet the local demand, which is causing a loss of foreign exchange. They are making money by producing and exporting.
The Ministry of Commerce has increased the export price of onion from 750 dollars to 1200 dollars per ton, prioritizing the financial interest of the exporters over the problems of the people due to inflation. The supply is extremely limited.
Sources in the vegetable market say that onion farmers are not getting any benefit from the export because the onion crop has been shifted to the hoarders’ warehouses several weeks ago. is being done
Onions are rare in the local vegetable market and retailers are buying sacks of onions at arbitrary prices and selling them in city markets.
By raising the export price of onion to 1200 dollars per ton, all the benefits will go to those exporters who have capital and export orders of onion and stored onions will also be able to be purchased by the same exporters who are exporting onions at this price, while small exporters will be of no use.
Onion prices in the vegetable market are increasing on an hourly basis due to competition among exporters to procure onions. Consumers have demanded the government to immediately ban the export of onion and control the price of onion in the local market.
(function(d, s, id){
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) {return;}
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.3&appId=770767426360150”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.7”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));