Government lifts ban imposed in SeptemberThe Centre has lifted the ban on exports of all varieties of onions, with effect from January 1. Onion farmers and traders have been demanding the lifting of the ban, as fresh arrivals from the kharif crop flood the market, pushing prices lower. The ban was imposed on September 14 when seasonal shortages were exacerbated by excess rainfall and flooding causing damages in key producer States. By late October, market rates in many metros had crossed the ₹100 per kg mark, with national averages crossing ₹60, spurring the Centre to impose stock limits on domestic traders as well. Prices have now fallen back down to ₹37 per kg, as the fresh kharif harvest arrives in the wholesale market.

Source: The Hindu December 28, 2020 17:32 UTC