Onion Export Ban Extended to March 31: Govt

By By Rediff Money Desk, NEWDELHI
Feb 20, 2024 13:56
India's onion export ban remains in effect until March 31 to control prices and ensure domestic availability. The government is unlikely to lift the ban due to expected lower rabi onion production.
Photograph: ANI Photo
New Delhi, Feb 20 (PTI) The ban on export of onion will continue till its previously announced deadline of March 31 as the government is keen to keep prices under check and ensure domestic availability, a top official said on Tuesday.

On December 8, 2023, the government had banned export of onion till March 31.

"Ban on onion exports has not been lifted. It is in force and there is no change in the status," Consumer Affairs Secretary Rohit Kumar Singh told PTI.

The government's supreme priority is to ensure enough domestic availability of onion at reasonable prices to consumers, he added.

On reports of lifting of the export ban on the commodity, the modal wholesale onion prices shot up 40.62 per cent to Rs 1,800 per quintal on February 19 in Lasalgoan, the country's largest wholesale onion market, from Rs 1,280 per quintal on February 17.

Ahead of general elections, the ban is unlikely to be lifted even after March 31 as rabi (winter) onion production is expected to be lower due to less coverage of area especially in Maharasthra, sources said.

In the 2023 rabi season, onion production was estimated to be at 22.7 million tonnes.

The Agriculture Ministry officials will assess the rabi onion coverage in key growing states of Maharsthra, Madhya Pradesh and Gujarat in the coming days.

Meanwhile, the export of onion to friendly countries is allowed on a case-to-case basis after approval from the inter-ministerial group.
Read More On:
onion export banonion pricesindia oniononion productionrabi onion
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Punjab Invites Korean Firms for Investment

Punjab CM Bhagwant Mann invites Korean firms like Daewoo, GS E&C to invest in Punjab....

Odisha Assembly Passes Appropriation Bill

Odisha assembly passes Rs 17,440 crore appropriation bill for 2025-26. CM Majhi defends...

CTUIL Revokes Grid Access for 6.3 GW RE Projects

CTUIL revoked grid access for 6.3 GW renewable energy projects due to developer delays....

L&T Transfers Realty Business to L&T Realty...

Larsen & Toubro transfers its realty business to L&T Realty Properties Ltd. A phased...

Wakefit IPO Subscribed 15% on Day 1

Wakefit''s Rs 1,289-cr IPO saw 15% subscription on day 1. Retail investors showed...

Apple Fitness+ Launching in 28 New Countries

Apple Fitness+ expands to 28 new countries, including India, on December 15. Enjoy...

MSME Loan Risk: Over-Leveraged Borrowers

Report reveals sharp concentration risk in MSME loan portfolios due to over-leveraged...

Navitas & Cyient: GaN Tech for High-Power India

Navitas Semiconductor and Cyient Semiconductors partner to co-develop gallium nitride...

Abrau-Durso to Produce Wine Beverages in India

Russia''s Abrau-Durso Group plans to produce wine beverages in India with IndoBevs....

GX Group Expands to Latin America with Calculus...

GX Group partners with Calculus Networks to expand broadband business in Latin America....

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com