This notification, No. 72 RE201320092014, issued by the Ministry of Commerce and Industry, Department of Commerce, on March 4, 2014, amends the export policy of onions. Specifically, it removes the Minimum Export Price (MEP) on the export of onions with immediate effect, until further orders. This amendment is made in exercise of powers conferred by Section 5 of the Foreign Trade Development and Regulation Act, 1992, read with Para 1.3 of the Foreign Trade Policy, 2009-2014, and amends para 2 of Notification No. 03 RE2012200914 dated June 29, 2012, read with Notification No. 61 RE2013200914 dated December 26, 2013. For further information, contact the Export Cell, F. No. 01/91/180/922/AM'08/PC-III. The Director General of Foreign Trade is Anup K. Pujari.
Key Entities Referenced
Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industry.
Department of Commerce: A department under the Ministry of Commerce and Industry.
Foreign Trade Development and Regulation Act, 1992: An act of the Indian Parliament to provide for the development and regulation of foreign trade.
Foreign Trade Policy, 2009-2014: The export-import policy of India valid for the period 2009-2014.
Notification No. 61 RE2013/2009-14: A notification related to foreign trade policy.
Notification No. 03 RE2012/2009-2014: A notification related to foreign trade policy.
Onions: The agricultural commodity whose export policy is the subject of the notification.
New Delhi: The capital of India, where the notification was issued.