The government on Monday allowed the export of onions with effect from January 1, 2021. In September, the government had prohibited the exports due to 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 DGFT, an arm of the commerce ministry, deals with exports and imports-related issues.
The retail prices in the national capital hover around Rs 35-40 per kg.
Maharashtra, Madhya Pradesh and Karnataka are the top three onion growing states in India.
India is one of the biggest onion exporters. The export destinations include Nepal and Bangladesh.
(With PTI Inputs)
Latest Business News