April 18, 2024, 2:35 pm


Staff Correspondent

Published:
2024-02-23 14:50:40 BdST

India allows 50,000 tonnes of onion export to Bangladesh


The Indian government has allowed the export of 50,000 tonnes of onion to Bangladesh with immediate effect till March 31.

"We have allowed export of 50,000 tonnes of onion to Bangladesh, 1,200 tonnes to Mauritius, 3,000 tonnes of Bahrain and 560 tonnes to Bhutan with immediate effect," Consumer Affairs Secretary Rohit Kumar Singh told the media in New Delhi on Thursday.

Traders are allowed to export this quantity till March 31. The modalities are being worked out, he said.

Singh said the decision to permit the exports to Bangladesh and the three other countries has been taken following a recommendation from the External Affairs Ministry.

Currently, there is a ban on India’s onion exports till March 31. The ban was imposed on December 8, 2023, to boost the domestic supply and check price rise.

Unauthorized use or reproduction of The Finance Today content for commercial purposes is strictly prohibited.


Popular Article from Business