As prices fall, government may lift ban on onion export

The government intervention of procuring kharif onion and disposing them of simultaneously have brought down average retail prices by 30% and wholesale prices by 35% in the past one month. Considering the trend of decline in prices and the short shelf life of the summer crop, the government may look at the option of lifting the export ban in a calibrated manner, officials said. Sources in the onion trade said that they have been informed by government functionaries that the Centre would allow export by government cooperatives.