Onion Export Ban Extended to Ensure Domestic Availability

  • Curbing Prices: The Indian government has extended the ban on onion exports to control domestic prices and ensure adequate availability for consumers.
  • Previous Deadline: The initial ban, implemented in December 2023, was set to expire on March 31st, 2024.
  • Extended Until Further Notice: The Directorate General of Foreign Trade (DGFT) has announced the ban's indefinite extension.
  • Reasoning: The move aims to maintain a stable supply of onions in the domestic market and prevent price spikes.
  • Impact on Exporters: Onion exporters will have to wait for further notification before resuming shipments.

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