The government on Friday banned exports of onion till March next year to increase domestic availability and to keep prices in check.
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"Export policy of onions... is amended from free to prohibited till March 31, 2024," the Directorate General of Foreign Trade said in a notification.
The move will curb the shortage of onion in the nation which will stop the sudden surge in price. Earlier, the nation witnessed a sudden surge in onion prices due to its shortage.
For a smooth transition, DGFT will allow onion consignments to be exported after fulfilling any of the three conditions.
These include cases where the loading of onions on the ship started before the ban notification
If the shipping bill is filed and the vessels have already berthed or arrived at Indian ports to load onions and their rotation number has been assigned before notification
and where onion consignments are handed over to customs before entry the export ban notification and if consignments enter customs station for export before the notification. The exemptions in export with the above conditions will be permitted till January 5, 2024.
As per notification, Onion exports will be allowed based on permission granted by the Center to other countries based on requests.
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(With PTI Inputs)