Centre bans export of all styles of onions with instant impact to curb rising costs, no particular deadline when prohibition shall be lifted

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The Centre issued a ban on the export of onions with instant impact on Sunday in a bid to test the rising prices throughout the nation. A notification issued by the Ministry of Commerce and Trade stated, “Export policy of Onion is amended from free to prohibited till further orders. Hence, export of all varieties of onions is prohibited with immediate effect.”

 Centre bans export of all varieties of onions with immediate effect to curb rising prices, no definite deadline when prohibition will be lifted

Representational picture. Reuters

In keeping with reviews, the ban is efficient for the export of all styles of onions and the notification didn’t set a particular timeframe for the brand new coverage. India Immediately reported that the ban was an “expected measure” as a result of different measures to curb the rising costs had not been profitable.

Whereas Opposition leaders of the Congress and AAP have slammed the NDA authorities for the exponential rise in costs of onions, the Centre was prone to contemplate imposing the inventory restrict on onion merchants if retail costs proceed to stay excessive even after exhausting the buffer inventory, Meals and Client Affairs minister Ram Vilas Paswan had said last week. The federal government will “wait and watch” the worth scenario for a while for imposing the inventory restrict as it’s equally involved concerning the curiosity of farmers, he added.

Nevertheless, in Delhi, the Arvind Kejriwal-led authorities started promoting onions at Rs 23.9 per kilogram via 70 cell vans throughout the Nationwide Capital. On Saturday, Kejriwal stated, “These vans have started functioning from today. We were really worried about the price of onions in the market. Onion prices have touched Rs 80 per kilogram. These 70 mobile vans will go to every Vidhan Sabha constituency in Delhi.”

“We will continue selling onion until the price comes down. These vans will provide one kg of onion for Rs. 23.9 at 390 points,” added he. The typical retail value of onions has risen sharply in the previous few weeks as a seasonal scarcity worsened following flooding in a number of onion-growing states.

With inputs from companies

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