The Central Government has recently issued a notification announcing the lifting of the ban on onion exports. This declaration will be effective from 15th March 2020.

The government had banned the export of onion on September 29 last year to control the rapid increase in the prices of onions. But the scenario is changed now as the prices of onions are now stabilised and its production is also expected to be much better this season. Because of this, the government had now announced to lift the five-month-old ban on onion export from March 15.

The notification, signed by the Directorate General of Foreign Trade (DGFT) says that “the export of all varieties of onions has been made free without any condition of minimum export price and letters of credit”

This step would be very helpful for both consumers and farmers too, as it would help in cutting down the prices of onions and thus reducing the pressure on the wallets of consumers. On the other hand, the farmers would also get access to a bigger market for their onions.

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