New Delhi: The Government of India have decided to import onions in order to check the prices of onions. India would import 10,000 Metric Tonne (MT) onions.
It is noteworthy here that the prices of onions are rising continuously these days and the Government is seemed to be worried about it. Onion prices have caused a big anti-incumbency against the Governments in the past.
The Government of India have decided that the Metals & Minerals Trading Corporation (MMTC) of India will float a global tender to import 10,000 MT onions in near future.
MMTC is a Government Enterprise which is the largest Foreign Trading company in India.