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    Home»Top Stories»Amid price drop, Centre to lift ban on onion export | India News
    Top Stories

    Amid price drop, Centre to lift ban on onion export | India News

    Junior EditorBy Junior EditorFebruary 18, 2024No Comments2 Mins Read
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    NASHIK: Union minister of state and MP from Dindori (Nashik rural) Bharti Pawar said that a meeting of Union govt’s group of ministers (GoM), led by home minister Amit Shah, on Sunday decided to withdraw the ban on onion export subject to a cap, which will be specified in a detailed notification in the next two days.
    On Dec 7, 2023, the Centre had imposed a ban on onion exports till Mar 31 in a bid to cater to the demand of onions in domestic markets and stabilise its wholesale prices.
    “The GoM met today (Sunday) and took the decision. However, terms and conditions about withdrawal of the ban, including the extent of cap, if any, will be cleared in the govt’s impending notification,” Pawar told TOI over phone from New Delhi.
    This was after state ministers Radhakrishna Vikhe-Patil and later Chhagan Bhujbal released posts on X on Sunday afternoon complimenting Shah and welcoming the decision.
    Pawar said the decision would provide a huge relief to onion growers and have a positive impact on wholesale onion prices, once exports resume. This would fetch goods rates for the produce of farmers, she added.
    Bhujbal, in a press release issued later, stated: “The GoM, led by Union minister of cooperation Amit Shah, has given its approval to export of onions up to 3 lakh metric tonne. The wholesale onion prices had declined at large after the ban on onion export, but the Centre’s decision will give relief to onion farmers now.”



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