Speed Post News Network
New Delhi : The Government has permitted export of onions with effect from March 15, 2020. Directorate General of Foreign Trade, Department of Commerce, on March 2, 2020, issued a notification in this regard.
The notification says that Onions, which were in the “prohibited” category as per the present policy, will be under the category “free” in the revised policy. The effect of the notification will be that the export of all varieties of onions will be ‘free’ without any condition of Letter Of Credit and Minimum Export Price with effect from March 15, 2020, according to a PIB release
Commerce & Industry Minister Piyush Goyal, in a tweet, said “Permitting the export of onions from March 15 is a step in the direction of farmers’ welfare. This decision will help in increasing the income of farmers.”