India has lifted its six-month ban on onion exports but has imposed restrictions, including a minimum export price of $550 per tonne and a 40% export duty. The decision, made just ahead of the Lok Sabha elections in onion-farming states like Gujarat and Maharashtra, aims to balance domestic supply and global market demands. The move follows recent global onion price surges and lifting of export bans by other major suppliers like Egypt and Pakistan. The government assures to safeguard domestic consumers and farmers’ interests while ensuring stable onion prices. Despite opposition criticism, the decision aligns with stabilizing domestic supply and forecasts of good monsoon for upcoming crops.