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of <h1>India Lowers Onion Export Price to $250/ton; Applies to Varieties in Chapter 7, Schedule 2, ITC (HS.</h1> The Government of India has amended the export policy for onions, reducing the Minimum Export Price (MEP) from US$ 300 to US$ 250 per metric ton. This change applies to all onion varieties listed under Serial Numbers 51 and 52 of Chapter 7 in Schedule 2 of the ITC (HS) classification of Export & Import Items. The export of these onions will be permitted only on a Letter of Credit basis, effective immediately. This amendment modifies previous notifications and aims to regulate the export pricing of onions.
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