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Onion Ban News

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Onion traders and farmers, especially from Maharashtra had been demanding for the lifting of the export ban.
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The offer rate of NCEL to the buyers takes into account the prevailing prices in the destination market and also international and domestic markets.
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Prime Minister Narendra Modi is seeking a record-equalling third straight term in upcoming elections that will be held over almost seven weeks from April 19.
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The ban was imposed on December 8, 2023, in order to boost the domestic supply and check price rise. 
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In the 2023 rabi season, onion production was estimated to be at 22.7 million tonnes.






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