Govt partially lifts embargo on onion export

With the onset of fresh arrivals of onion in Nasik region, prices of
onion have started falling in domestic markets. Following firm demand
from growers, government has finally considered lifting embargo on its
export. Government has initially allowed export of "rose' onion,
which is grown in Karnataka. This decision was taken by Empowered Group
of Ministers (EGoM) headed by Honorable Minister of Finance, Sh Pranab
Mukherjee. Government had banned export of onion after abnormal surge in
its prices due to reduced availability during Oct. – Nov, 2010. Some
part of crop was damaged by unseasonal rain during harvesting phase. We
even had to import few thousand tons of onion from Pakistan during that
crisis.

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