A day after Finance Minister Arun Jaitley spoke at length about expanding agricultural export, the government removed the restriction on onion shipment.It has removed the minimum export price (MEP) on onion and allowed domestic traders to ship out all its varieties. "We are taking all measures to promote export of agriculture products," tweeted commerce and industry minister Suresh Prabhu.Back in November, the government had imposed an MEP of $850 or Rs 54,000 a tonne. Such limits are imposed every now and then to discourage foreign traders from buying at a time when lack of supply lifts prices beyond a certain limit.However, traders had complained they were already fighting heavy competition abroad from producers in Egypt and Pakistan. India is the second largest producer of onion after China but is also among the largest consumers.The MEP decision had been taken after the price had risen to its highest in two years. Retail prices across major cities had been Rs 40-50 a kg. From...

MEP Infrastructure Developers Ltd. has lost -36.75% in the last 6 Months

MEP Infrastructure Developers Ltd.

21 Jan 2018

2.22

1.83%

Floor price for onion exports lowered by $150 a tonne

Business Line

The government has reduced the minimum export price (MEP) of onion by $150 a tonne in response to the moderation in the prices of the kitchen staple . The MEP for onion, the floor price below...

MEP Infrastructure Developers Ltd. has lost -36.75% in the last 6 Months

Floor price for onion exports reduced by $150/tonne

Economic Times | 21 Jan 2018

MEP Infrastructure Developers Ltd.

11 Jan 2018

2.22

1.83%

MEP Infrastructure Developers Limited

Business Line

MEP Infrastructure Developers has informed the exchanges that MEP Sanjose Nagpur Ring Road 2 Private Ltd a subsidiary of the company, has received the first milestone payment of 20 per cent of the...

MEP Infrastructure Developers Ltd. is trading below its 150 day SMA of 2.9

MEP Infrastructure Developers Ltd.

24 Nov 2017

2.22

1.83%

Govt imposes MEP on onions to boost local supplies

Business Standard

Retail onion prices, which have shot up to Rs 50-65 per kg in most cities, have come under pressure due to tight supplies

MEP Infrastructure Developers Ltd. has lost -71.90% in the last 1 Year

Govt imposes $850/tonne MEP on onion to boost local supplies

Business Line | 23 Nov 2017 2 more

MEP Infrastructure Developers Ltd.

20 Nov 2017

2.22

1.83%

Govt may impose $700-800/tonne floor price for onion exports

Business Line

The Centre is mulling over re-imposing a minimum export price (MEP) of $700-800 per tonne on onion to curb exports and check local prices, a government source said. MEP is the minimum rate below...

MEP Infrastructure Developers Ltd. has lost -71.90% in the last 1 Year

Government may impose $700-800/ton MEP on onion to curb exports

Economic Times | 20 Nov 2017

MEP Infrastructure Developers Ltd.

29 Sep 2017

2.22

1.83%

MEP Infra surges 6% on securing toll contract

Economic Times

The contractual amount for the said project is Rs 1,206 crore per annum payable to SDMC on a weekly basis.

MEP Infrastructure Developers Ltd. is trading above its 100 day SMA of 2.1

MEP Infrastructure Developers Ltd.

21 Sep 2017

2.22

1.83%

MEP Infra bags 5-year contract for toll collection

Business Line

MEP Infrastructure Developers has announced the winning of a contract for toll collection at the Delhi entry points from specified commercial vehicles for a period of five years. The company will...

MEP Infrastructure Developers Ltd. has lost -36.75% in the last 6 Months

MEP Infrastructure Developers Ltd.

23 Aug 2017

2.22

1.83%

Centre asks states to impose stock limits on onion traders as prices rise

Business Standard

Concerned over rising onion prices, the Centre today asked state governments to impose stock limits on traders to check hoarding and curb further increase in rates of the kitchen staple.The government is also considering restricting exports by imposing minimum export price (MEP) to boost local supply and keep prices stable, sources said.Retail onion prices in the national capital have risen to Rs 38/kg as of today from Rs 22/kg in the year-ago period.Onion is sold at Rs 34/kg in Mumbai, Rs 40/kg in Kolkata and Rs 29/kg in Chennai, as per official data."To control the prices of onion, state governments have been advised to impose stock limits for onion on traders/ wholesalers," Food and Consumer Affairs Minister Ram Vilas Paswan tweeted.A letter in this regard has been sent to state governments, who are empowered to take action against onion traders under the Essential Commodities Act.Onion prices have shot up in the last few weeks due to depleting old stocks and concerns about this...

MEP Infrastructure Developers Ltd. has gained 45.10% in the last 1 Month

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