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of <h1>India Lifts Onion Export Ban, Sets Minimum Price at $550 per Metric Ton Under Foreign Trade Policy 2023.</h1> The Government of India has amended the export policy for onions, changing the status from 'prohibited' to 'free,' effective immediately. However, this change is subject to a Minimum Export Price (MEP) of USD 550 per Metric Ton. This amendment is made under the authority of the Foreign Trade (Development & Regulation) Act, 1992, and the Foreign Trade Policy, 2023. The notification is issued by the Directorate General of Foreign Trade, and the revised policy will remain in effect until further notice.
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