New Delhi: In view of the constantly rising price of onions in the country, the Central Government has banned the export of onions. Now onion will not be exported outside the country. Directorate General of Foreign Trade has issued a notification in this regard only on Monday.
According to the notification issued by the Director-General, all varieties of onion, whether chopped or in powder form, are banned from export with immediate effect. These include Bangalore Rose and Krishnapuram Onion. Tell us more exports are from Bangladesh, Malaysia, UAE and Sri Lanka.
India exported $ 198 million onions during April-June. DGFT works under the Ministry of Commerce and Industry. It is an issue dealing with imports and exports. The decision to ban exports has been taken at a time when onion prices are continuously increasing.
The wholesale price of onion in Asia's largest vegetable market Azadpur vegetable market rose from Rs 26 to Rs 37 per kg. Onions are used extensively in South Asian countries. At the same time, traders associated with the vegetable trade say that after potato, onion prices are now seeing a jump.
The reason for this is the deterioration of onion crop. The crop has been damaged due to heavy rain. For the next 15 days, onion prices are hardly low. According to information received from sources, there is a shortage of onions in the domestic market. This is a seasonal decrease, but during the Corona epidemic, onions have been heavily exported in the last few months. As you know, onion sold for Rs 15-20 per kg a few days ago is now being sold in the market for Rs 45 to 50 kg.
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