Last week, the govt banned onion exports till March next year after the retail sales price of the kitchen staple crossed Rs 80 per kg in the national capital and the prices in mandis remained around Rs 60 per kg
According to Ashok Talavaiya, an onion trader in Rajkot APMC mandi, every trader is going to suffer an average loss of Rs 3 lakh per truck due to the government’s abrupt decision.
Onions, a vegetable that has political fallouts when expensive, have been placed under the ‘‘prohibited’’ category immediately for four months till March, the Directorate General of Foreign Trade said in a notification