Key Points
New Delhi [India], March 23 (ANI): The government has extended the ban on the export of onions until further orders, according to the Ministry of Commerce and Industry...
Earlier, the export of onions was prohibited till March 31, 2024...
The Directorate General of Foreign Trade (DGFT), a branch of the ministry responsible for handling export and import affairs, has announced the extension in a notification dated March 22...
The DGFT notification said the export of onions will be, however, allowed based on permission granted by the central government to other countries based on the requests made by the countries...
The central government subsequently set a minimum export price (MEP) of USD 800 per tonne on a free-on-board basis for the export of onions, with effect from October 29..
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India bans export of onions till March 2024 to meet domestic demand
08, Dec, 23To keep the prices of onions in check, the government has in the past taken several steps including the imposition of a minimum export price (MEP) of $800 per tonne on onion exports from October 28 till December 31 this year