India lifted its ban on onion exports after five months due to concerns about farmers' dissatisfaction, potentially impacting voting in seven Lok Sabha seats in Maharashtra. The government's decision to lift the ban was prompted by concerns about farmers' dissatisfaction with the high demand for Indian onions in the international market. The new export policy, announced on May 4, has changed the policy from "prohibited" to "free" with a minimum export price of $550 per tonne, with a duty of 40% levied.
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