INSUBCONTINENT EXCLUSIVE:
The Government of India has lifted the export ban on onions for Sri Lanka, according to the Indian High Commission in Colombo.It said the
Tamil New Year festivities here, the High Commission said in a statement on Monday.Last month, India extended its ban on onion exports
Arab Emirates rely on imports from India to fill domestic gaps in onion supply and many of those nations have struggled with high prices
since the ban.However, it was reported last week that India was planning to supply thousands of metric tons of onion to Sri Lanka and UAE
after supplying vast quantities of essential commodities to Maldives.India on April 3 allowed a supply of additional 10,000 tons of onions
over and above its quota to close ally United Arab Emirates (UAE) as the Gulf country is always a priority with New Delhi.Traders estimate
that India accounts for more than half of all onion imports by Asian countries
India exported a record 2.5 million metric tons of onions in the financial year that ended on March 31, 2023.--With Agencies Inputs
