Reportedly a Ministry of Commerce & Industry statement said in a bid to control the soaring prices of the Indian kitchen staple, the government on Sunday banned the export of onions with "immediate effect" until further orders. Meanwhile the move comes in the wake of the rising onion prices that has led to public outcry.

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The Ministry of Commerce & Industry further stated "Export policy of onion for the item description at Serial Number 51 & 52 of Chapter 7 of Schedule 2 of ITC (HS) classification of Export & Import Items is amended from free to prohibit till further orders." Furthermore the surge in onion prices is said to be due to a depleted supply following months of incessant rainfall and flood-like situation in onion-producing states in the country.



Moreover as per data maintained by the consumer affairs ministry, retail onion price was ruling at Rs 60/kg in cities like delhi, mumbai and Lucknow last week. Perhaps it was being sold at Rs 58/kg in mumbai and Rs 42/kg in Chennai and in Kanpur, onion prices were at Rs 70/kg and at Rs 80/kg in Port Blair. Apparently to curb the prevailing situation, delhi Chief Minister arvind kejriwal on Friday had announced that his government will be providing onions at Rs 23.90/kg in the national capital.


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