The sources also told PTI that the government also deliberated on whether to reduce or scrap the minimum export price of onion to facilitate outbound shipments. "Since the price of onion has stabilised and there is bumper onion crop, government has decided to lift ban on export of onions,” Food Minister Ram Vilas Paswan said in a Twitter post. The decision to lift the ban will be effective once the Directorate General of Foreign Trade issues a notification, the report said. The price increased when on Sept 13, India doubled the export price to $850 per tonne. Onion prices began to drop in the second week of December when it was imported from different countries.

Source: bd News24 February 26, 2020 20:03 UTC