Centre lifts ban on onion exports from January 1 as prices plunge

India decided on Monday to lift a ban on onion exports from Jan. 1, as prices have fallen sharply in the last few weeks on expectations of a big crop. Exports of all varieties of onion will be allowed, the Ministry of Commerce and Industry said in a notification.

India banned exports of onions in September to preserve domestic supplies after flooding in several states worsened seasonal shortages, leading to a spike in local prices. India is the world's biggest exporter of onions, a staple of South Asian cooking. Countries.

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