India has lifted restrictions on the export of onions, according to an official notification on Saturday, a day after the government announced a 40% export duty.

The government on Saturday lifted the ban on onion exports subject to a minimum export price of USD 550 per tonne, a decision that can help boost income of a large section of farmers and comes ahead o

The government announced that it had lifted the ban on onion exports on saturday. The decision is expected to greatly benefit traders in Maharashtra. However, the government has set a minimum export price of USD 550 per tonne for onions amid the ongoing Lok Sabha elections in India.

A 40% export duty on onions was introduced starting May 3. Although general exports remain restricted, exceptions are allowed for shipments to countries with friendly relations with India, such as the

On Saturday, the government lifted the prohibition on onion exports, providing significant relief to traders in Maharashtra. This decision coincides with the upcoming phases of the Lok Sabha election,

Ahead of voting in the onion belt of Maharashtra, the Centre lifted the ban on the export of the pink bulb. The Narendra Modi-led Union government had banned onion exports since October last year fearing a shortage in supply owing to lower-than-expected acreage.