In the light of skyrocketing onion prices, the government has prohibited its export until further notice.
“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 prohibited till further orders,“ the government said.
In other words, “export of all varieties of onions, as described above, is prohibited with immediate effect”.
The retail price of onions have shot up to as much as ₹60 per kg in the metros. At one point, they even touched ₹80 per kg.