Date: 29/05/2024

India exported 45,000 tonnes of onions since ban lifted

India has exported over 45,000 tonnes of onions since the export ban was lifted earlier this month, mainly to the Middle East and Bangladesh, said Ms Nidhi Khare, Secretary in the Consumer Affairs Ministry. These exports came as a relief to farmers after restrictions were imposed ahead of the general elections to maintain domestic supplies. The world’s largest vegetable exporter had banned exports of the onion last December and extended the ban in March after prices rose due to sluggish production. To keep onion prices affordable during the election period, the government lifted the ban on May 4 but fixed a minimum export price (MEP) of USD 550 per tonne. Ms Khare added that the prediction of a good monsoon this year will ensure better sowing of kharif (summer) crops, including onions, from June onwards, as per a report.
Source: Exim News Service: New Delhi, May 28