Government of India prohibits export of all varieties of onions

Published on Sep 27, 2020

Government of India prohibits export of all varieties of onions

India on Monday banned the export of all varieties of onions. The Directorate General of Foreign Trade (DGFT) said in a notification, the export of all varieties of onions is banned with immediate effect. The ban includes Bengaluru rose onion and Krishnapuram onion. These varieties of onion were free for export till now. There has been an increase in rates and a shortage of onions in the domestic market. While this shortfall is seasonal, a significant amount of exports were exported in the last few months during the epidemic. India exported $ 198 million onions in the April-June period of FY21 and $ 440 million over the entire 2019-20 Bangladesh, Malaysia, UAE, and Sri Lanka are the top importers of Indian onions. India last year banned the export of major kitchen staples in view of its rising prices in the country and to curb its shipments and reduce domestic prices. The minimum export price (MEP) of onions was set at $ 850 per tonne to help. The MEP was lifted in March this year due to flooding in parts of the major growing states of Maharashtra and Karnataka and onions were freed for export.

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Khetigaadi Team

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