India
has allowed export of 10,000 tonnes of onion each to Sri Lanka and the United
Arab Emirates (UAE) through the National Cooperatives Exports Cooperative, the
Directorate General of Foreign Trade (DGFT) said in a notification late on
Monday 15 April.
With this, India has approved as much
as 99,160 tonnes of onions for export overriding a ban on shipments imposed in
December 2023.
The government recently approved an additional 10,000 tonnes of
onion export to the UAE over and above the 14,400 tonnes allowed on 1 March.
Tight
global supplies and a dry spell induced by the El Niño weather phenomenon had
prompted the government to restrict onion exports during the 2023-24 financial
year. On 8 December 2023, the government
had banned the export of onions till 31 March 2024. This has now been extended
indefinitely.
The DGFT notification said export of
onions will, however, be allowed on permission granted by the central
government based on requests made by the countries.
With
rising onion prices, the central government has been releasing the staple
vegetable from its buffer stock… The government aims to procure 500,000 tonnes
of onion in the 2024-25 rabi season