Business News : Govt bans exports of Onion

New Delhi, Sep 14 : The government on Monday completely banned the export of all varieties of onion except those cut, sliced or broken in powder form, to curb the rising prices of onions in the domestic market.

The Directorate General of Foreign Trade (DGFT) said in a notification issued here on Monday that to increase the availability of onion in the domestic market, it has been decided to stop its export.’The export of all varieties of onion is prohibited with immediate effect,” the notification said.

This notification will be applicable to all varieties of onions.The ban also includes Bangalore rose onions and Krishnapuram onions.

Agency

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