Saturday 20th of April 2024
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Headlines : * Liverpool out of Europa League as Leverkusen advance to semis   * Bhasantek fire: Death toll rises to four   * Iran says drones shot down, `no missile attack for now`   * India starts voting in the world`s largest election as Modi seeks 3rd term   * 13 Myanmar border guards take shelter in Bangladesh   * Israel launches strike against Iran: US media   * Gold price hits record high of Tk 1.19 lakh per bhori   * Bottled soybean oil increases by Tk 4 per liter, loose oil reduces by Tk 2 per liter   * Main role of military forces to protect country`s sovereignty: Army Chief   * Dhaka, Delhi to boost cooperation in media, film  

   Business
India lifts ban on onion export from Jan 1
  Date : 20-04-2024

Online Desk : Indian government on Monday lifted the export ban on all varieties of onions with effect from January 1 next year.

The government had imposed the said ban in September this year owing to a hike in prices.

The Directorate General of Foreign Trade, an arm of the commerce ministry, said "The export of all varieties of onions...has been made free with effect from January 1, 2021."

Earlier this month, the Indian government had also extended the relaxed norms for onion imports until January 31 in an attempt to boost domestic supply of onions while also ensuring the stability of its price.

The relaxation however, will be subject to certain conditions. Imported onions that have not been fumigated will undergo the procedure at the Indian ports, the ministry said.



  
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