New Delhi, April 27 -- The Indian government has permitted the export of 99,150 metric tons of onions to six neighbouring countries - Bangladesh, UAE, Bhutan, Bahrain, Mauritius, and Sri Lanka.

This move comes amid an estimated lower production of onion crops during the Kharif and Rabi seasons of 2023-24 compared to the previous year, as well as increased demand in the international market.

The National Cooperative Exports Limited (NCEL), the designated agency for onion exports to these countries, will source domestic onions through an e-platform at L1 prices and supply them to the agencies nominated by the respective governments on a 100% advance payment basis.

The offer rate will consider the prevailing prices in the destination mark...