Export Permission Granted
In a momentous turn of events, the Indian government has made a crucial decision to lift the ban on onion exports. This means that a specific quantity of white onion shipments from three designated ports will now be permitted. The Directorate General of Foreign Trade (DGFT) has announced this decision, stating that exporters must acquire certification. It can be acquired from the Horticulture Commissioner, Government of Gujarat. To verify the item and quantity of white onion intended for export.
Quantity and Port Specifications
Under this new directive, exporters can now ship up to 2,000 Metric Tonnes (MT) of white onion from Mundra Port, Pipavav Port, and Nhava Sheva/JNPT Port collectively. This change takes immediate effect, opening up new and exciting avenues for exporters to explore international markets. Moreover, onion, being a commodity of political significance and subject to price volatility, has been under a general ban for exports. However, the government has occasionally allowed specific shipments to friendly nations upon their requests. The decision to restrict exports last year on December 8 was aimed at bolstering domestic availability and stabilizing prices in the local market.
DGFT’s Role
The Directorate General of Foreign Trade (DGFT) serves as a crucial regulatory body within the Commerce Ministry, responsible for shaping and executing policies that govern international trade. Its primary mandate encompasses the development and enforcement of regulations governing imports and exports. Therefore ensuring adherence to established norms and guidelines. By overseeing trade operations, the DGFT aims to foster a conducive environment for businesses engaged in cross-border transactions, facilitating seamless exchanges of goods and services.
The recent decision by the Indian government to lift the ban on onion exports marks a significant milestone for exporters. With the specified quantity of white onion shipments now permitted via three designated ports. Exporters have newfound opportunities to access international markets.
