The government had last banned onion exports on September 29, 2019, after a bad crop crimped output. (Photo by Bachchan Kumar/ HT PHOTO)
The government had last banned onion exports on September 29, 2019, after a bad crop crimped output. (Photo by Bachchan Kumar/ HT PHOTO)

Govt lifts ban on onion export, permits trade of all varieties from January 1

Anticipating a supply crunch, the government had halted the trade exercise earlier this year in September due to spurt in prices.
Hindustan Times, New Delhi | By hindustantimes.com | Edited by Arpan Rai
UPDATED ON DEC 28, 2020 09:25 PM IST

The Centre on Monday lifted the ban on the export of all varieties of onions with effect from January 1 next year. Anticipating a supply crunch, the government had halted the trade exercise earlier this year in September due to a spurt in prices.

“The export of all varieties of onions...has been made free with effect from January 1, 2021,” the Directorate General of Foreign Trade said in a notification.

The government had last banned onion exports on September 29, 2019, after a bad crop crimped output. In December 2019, prices soared to Rs 80 per kg in the national capital. The government had lifted the ban on March 15, 2020.

Since the bulb is a common base ingredient of most dishes and widely consumed, consumers are quite sensitive to a rise in onion prices, relative to many other commodities.

SHARE THIS ARTICLE ON
Topics
Close
SHARE
Story Saved
OPEN APP