Farmers of Maharashtra will protest today against the ban on onion exports. Apart from the farmers, Congress will also demonstrate. Actually, the government has banned the export of onions on Monday. This decision has come into force with immediate effect. In many parts of the country, the onion supply chain was disrupted due to rain and flooding and its prices started rising again.
There is confusion about the total of 712 container onions at the port due to the ban. These containers have onions in the packing of 1 kg to 50 kg. Now exporters are worried about what will happen to the onions shipped before the onion export is banned. The value of a container is 8-10 lakhs. If the container does not go, then the exporter will suffer this loss.
According to a notification issued on Monday by the Directorate General of Foreign Trade, under the Union Ministry of Commerce and Industry, the export of all varieties of onions has been banned with immediate effect. The notification states that the provision of the Transitional Agreement will not be applicable under this notification.
Experts say that in the Corona period, onion exports during April to July were up by about 30% over the previous year, due to which there is a possibility of further reduction in onion supply in the country, due to heavy rains in South India. The onion crop has gone bad.
The government has banned the export of onions on Monday. This verdict has come into force with the paramount effect. In many parts of the country, the onion accumulation chain was disrupted due to rain and flooding and its prices started rising again. Although the figures for wholesale inflation have come in August, onion prices have seen a dissolution, despite this, the government has halted shipping.
Directorate General of Foreign Trade (DGFT) issued a notification in this regard on Monday. This will increase the availability of onions in the domestic market and reduce prices. According to the notification, exports of all varieties of onions are banned with immediate effect. That is, this time not only Maharashtra but exports of onion variety coming from Karnataka and other states have also been stopped. Maharashtra, Karnataka, Madhya Pradesh, Bihar and Gujarat are the main onion producing countries. 40 per cent of the total onion production of the country is produced during the Kharif crop.