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Tag: Onion export duty

Onion export duty slash: Mixed reactions in India’s largest onion producing State

Posted on September 14, 2024 By admin
Onion export duty slash: Mixed reactions in India’s largest onion producing State

At a time when the rabi produce of onion is almost coming to an end, there are mixed reactions in Maharashtra over the Union government’s decision to slash export duty on onion from 40% to 20%, and to scrap the $550 per tonne MEP. Poll-bound Maharashtra is the largest onion producing State in the country….

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Business

India Lifts Ban On Onion Exports, Minimum Export Price Is…

Posted on May 4, 2024 By admin
India Lifts Ban On Onion Exports, Minimum Export Price Is…

In March, the Union Agriculture Ministry released the data for onion production. (Representational) New Delhi: The government on Saturday lifted the ban on onion exports subject to a minimum export price of USD 550 per tonne, a decision that can help boost income of a large section of farmers and comes ahead of the Lok…

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Nation

Explained | Why was a 40% duty imposed on onion exports? 

Posted on August 26, 2023 By admin
Explained | Why was a 40% duty imposed on onion exports? 

The government will also be offloading its onion stocks in various wholesale markets to reduce retail prices | Photo Credit: Vijay Soneji The story so far: In order to increase the availability of onions in the market, especially ahead of the upcoming festive season, the government on August 19 imposed a 40% duty on the…

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Business

Onion public sale to stay closed indefinitely in Nashik wholesale markets to protest 40% responsibility on export: Buyers

Posted on August 21, 2023 By admin
Onion public sale to stay closed indefinitely in Nashik wholesale markets to protest 40% responsibility on export: Buyers

Document photograph of ladies packing onion at a godown in Pimpalgaon, Nashik | Photograph Credit score: EMMANUAL YOGINI Buyers in Nashik on August 21 stated they’ve determined to similar onion auctions indefinitely in the entire Agriculture Make Marketplace Committees (APMCs) in Maharashtra’s Nashik district to protest towards the Centre’s determination to impose a 40% responsibility…

Read More “Onion public sale to stay closed indefinitely in Nashik wholesale markets to protest 40% responsibility on export: Buyers” »

Business

Centre imposes 40% duty on onion exports, to offload stocks

Posted on August 19, 2023 By admin
Centre imposes 40% duty on onion exports, to offload stocks

A labourer shortlist onion at APMC wholesale Market in Ahmedabad. File | Photo Credit: Vijay Soneji The Centre, on Saturday, imposed a 40% duty on the export of onions. The Centre will also offload stocks of onions in various wholesale markets to reduce the retail prices. The national average prices of the essential vegetable had…

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