India set to lift ban on onion exports but may cap shipments at 3 lakh tonnes thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The committee has approved the export of 3 lakh metric tonnes of onions. Along with this, export of 50,000 tonnes of onion to Bangladesh has also been approved
India banned the export of onions effective December 8 to make the essential kitchen staple cheaper for domestic consumers. This has led to a crash in the price from more than ₹40 a kg to around ₹13 currently in the wholesale market of Nashik, India s main onion-growing region. The ban on exports by the second largest onion producer, which used to ship 40,000-50,000 tonnes of the commodity every week, caused a spike in international prices.
Nashik: Maharashtra State Onion Farmers Association Seeks Meeting With PM Modi Over Onion Issue freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.