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Onion Export banned in India due to the

Price Rise

The government has taken a massive step of stopping exports of


all the varieties of onion and the major reason of the step is the
increasing price of onion in the Indian market. This step will
increase the flow of the product in the market and help to reduce
the high prices. The hording and black marketing is one of the
major reasons of the increased price of the product. The problem
occurred because of the shortage of onion in the market and the
reason behind that is the crop got damaged because of the heavy
rain in last one month of monsoon. The traders are increasing the
price because the quantity is available in the market is low.

On Sunday Indian government has made this announcement for


the restriction of export of onion and with effect from the same
day the rule is implemented. The insufficient meet of demand for
onion is increased and the prices got doubled within few days.
The new crop will get in the market in next month and hopefully
the prices will shatter.

There are so many policies of the government which affected the


growth rate of the country and all the analysis is done on the
basis of the data. The Indian export data and India Import data
will help to analysis that what is percentage of the growth of the
country also what will be the future demand and supply of the
product in the market.

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