Export of potatoes free without any quantitative restrictions: Govt
Updated: May 26, 2015 05:10:06pm
New Delhi, May 26 (KNN) The Ministry of Agriculture today said exports of potatoes were at present free without any quantitative restrictions.
Earlier, the government has imposed a Minimum Export Prices (MEP) of USD 450/MT on Potato on 26th June, 2014 to augment domestic supplies in view of rising retail and wholesale prices in domestic markets.
“However, in recent times, keeping in view the surplus supply of potato in the domestic markets and consequent rapid fall in price (In domestic and retail), MEP on export of Potato was removed by Department of Commerce..,” Ministry said. (KNN Bureau)
Earlier, the government has imposed a Minimum Export Prices (MEP) of USD 450/MT on Potato on 26th June, 2014 to augment domestic supplies in view of rising retail and wholesale prices in domestic markets.
“However, in recent times, keeping in view the surplus supply of potato in the domestic markets and consequent rapid fall in price (In domestic and retail), MEP on export of Potato was removed by Department of Commerce..,” Ministry said. (KNN Bureau)
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