Thursday, December 8, 2022
HomeIndiaModi govt bans export of all varieties of onions to check price...

Modi govt bans export of all varieties of onions to check price rise

The move is aimed at increasing the availability of onions in the domestic market. In the national capital, prices touched Rs 40 per kg.

Text Size:

New Delhi: The government on Monday banned the export of all varieties of onions with immediate effect, a move aimed at increasing availability and checking price of the commodity in the domestic market.

“The export of all varieties of onions… is prohibited with immediate effect,” the Directorate General of Foreign Trade (DGFT) said in a notification.

The DGFT, an arm of the commerce ministry, deals with exports and imports-related issues.

The provisions under transitional arrangement shall not be applicable under this notification.

In the national capital, onion prices were ruling at around Rs 40 per kilogram.


Also read: Onion prices could touch Rs 100/kg by Oct as heavy rain damaged early-kharif crop, rabi stock


 

Subscribe to our channels on YouTube & Telegram

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

1 COMMENT

Comments are closed.

Most Popular