Onion seed exports were worth $0.57 million during April-August this fiscal against $3.5 million in the full 2019-20 fiscal.
The government on October 29 banned exports of onion seeds with immediate effect amidst rising prices of the bulb in the domestic markets. Earlier, the export of onion seeds was in the restricted category, which means an exporter was required to obtain a licence or permission from the government for shipments.
"The export of onion seeds is prohibited, with immediate effect," the Directorate General of Foreign Trade (DGFT) said in a notification. It added that the provisions under transitional arrangement shall not be applicable.
Onion seed exports were worth $0.57 million during April-August this fiscal against $3.5 million in the full 2019-20 fiscal. The DGFT has already banned exports of onion to contain onion prices. The Centre imposed stock holding limit on retail and wholesale traders till December 31 to improve the domestic availability of the commodity and provide relief to consumers.