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Government Sets Minimum Export Price For Potatoes at $450/Tonne.


Date: 11-07-2014
Subject: Government Sets Minimum Export Price For Potatoes at $450/Tonne
New Delhi: India has set a minimum export price of $450 per tonne for potatoes, a government statement said on Thursday, as part of the government's drive to boost local supplies to contain inflation.

"Export of potatoes is permitted subject of MEP (Minimum Export Price) of $450 per tonne," the statement from the Directorate General of Foreign Trade (DGFT), an arm of the federal trade ministry, said.

Last week, India set a minimum export price for onion at $300 per tonne.

Source : profit.ndtv.com

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