Since the federal government has decided to stop onion exports to control the rising prices back home, hundreds of lorries laden with the vegetable are stranded at the land port with Bangladesh at Mahadipur. Tons of onions are now waiting to either be exported or rot.
According to one exporter, they are in big trouble as the “letter of credit” for the onions has already come from Bangladesh, which cannot be returned now. “The decision is sure to balance the onion rates in the country, but such a decision should have come with a deadline. We should be given some more time to stop everything completely.”
The matter has also sparked a political debate. “The onions will rot in no time and traders will face huge losses. The government should have given them some time to halt the exports, but they have now fallen victims to a no-plan decision of the BJP government,” TMC leader in Malda Debapriya Saha told thestatesman.com.
Nashik farmers protest export ban
The government’s decision to ban exports has also angered growers and traders from Nashik and other districts in western Maharashtra with growers resorting to agitation at Agriculture Produce Market Committees (APMCs).
Black market active in Kathmandu
As India restricted the export of onions to Nepal to ensure sufficient availability there, Nepali black marketeers have become active, trying to influence the price of the popular vegetable item in Kathmandu.
According to english.onlinekhabar.com, the Kalimati Fruit and Vegetable Market Development Board, which supplies a large section of fruits and vegetables in Kathmandu, also acknowledges that the black market is responsible for the rising prices. The board’s Deputy Director Binaya Shrestha says the board has begun a market monitoring following complaints of black marketing.