Government on Monday allowed export of all varieties of onions with effect from January 1 2021.
NSE
"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 DGFT, an arm of the commerce ministry, deals with exports and imports-related issues.
The Centre had imposed a ban on the export of all varieties of onions in September to increase its availability in the domestic market.
The decision was taken following a shortage of onions due to flooding in several states, leading to a spike in prices.
India is the world's biggest exporter of onions and several countries rely on Indian shipments.
(With inputs from PTI)
(Edited by : Aditi Gautam)
First Published:Dec 28, 2020 7:58 PM IST