Govt lifts ban on onion exports before crucial poll phases in Maharashtra
Saturday, 4 May 2024 ()
On Saturday, the government lifted the prohibition on onion exports, providing significant relief to traders in Maharashtra. This decision coincides with the upcoming phases of the Lok Sabha election, particularly in the onion-producing regions of Maharashtra. The Director General of Foreign Trade (DGFT) specified a Minimum Export Price (MEP) for onions at $550 per tonne in a notification.
On Saturday, the government lifted the prohibition on onion exports, providing significant relief to traders in Maharashtra. This decision coincides with the upcoming phases of the Lok Sabha election, particularly in the onion-producing regions of Maharashtra. The Director General of Foreign Trade (DGFT) specified a Minimum Export Price (MEP) for onions at $550 per tonne in a notification.
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