India lifts ban on onion exports as prices plunge


India is the world's biggest exporter of onions, a staple of South Asian cooking. Countries such as Bangladesh, Nepal, Malaysia and Sri Lanka rely on Indian shipments. (file pic shows Domestic Trade and Consumer Affairs Ministry Penang officers checking the price of onions during site inspection at Giant hypermarket Bayan Baru )

MUMBAI: India decided on Monday to lift a ban on onion exports from Jan. 1, as prices have fallen sharply in the last few weeks on expectations of a big crop.

Exports of all varieties of onion will be allowed, the Ministry of Commerce and Industry said in a notification.

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