HomeBREAKING NEWSIndia: Government Scrapped 20% Export Duty On Onion

India: Government Scrapped 20% Export Duty On Onion

Published on

India: The Maharashtra government applauds the Center’s decision to eliminate the 20% export tax on onions, which will take effect on April 1. However, the Kisan Sabha argues it is too late and is looking for a legislative solution.

While applauding the action, the Kisan Sabha referred to it as “unfortunate” because export limitations have had a negative effect on onion producers. A Sabha member stated, “We applaud the action if it will provide solace to our onion farmers, but it can also make up for the losses the farmers have suffered.”

In light of this, the Kisan Sabha has urged the government to adopt a long-term export policy for onion producers globally, build public trust, and refrain from imposing sporadic export bans and limitations in favor of raising export duties.

The Department of Consumer Affairs claims that a notification was sent by the Department of Revenue. According to the statement, “the decision is yet another indication of the government’s determination to guarantee farmers fair prices while keeping onions affordable for consumers.”

Before enforcing the 20% tariff in September 2024, the government had previously imposed a number of export limitations, including a ban on exports from December 8, 2023, to May 3, 2024. These restrictions have since been lifted.

You May Like

Trending Searches Today |

Dharmendra Pradhan launches PMeVIDYA DTH 24×7 Channel for Indian Sign Language

Pakistan Jaffar Express Train Hijacked, Rebel Group Claims 100 Hostages

Share Market

Indian Stock Market Today: Sensex, Nifty End Lower, Market Under Pressure

Indian stock market today ended lower as Sensex fell 307 points and Nifty lost 95 points, while Adani stocks faced sharp selling pressure.

Sensex Nifty Today: Markets Fall on Iran Tensions

Sensex and Nifty closed lower as Iran tensions rattled markets. Check closing levels, key support, resistance and what investors should watch.

More like this

Tiger Bright Coffee From Koraput Served at BRICS Summit

Tiger Bright Coffee from Koraput tribal farmers was featured at the BRICS Summit, highlighting Odisha’s coffee, value addition and tribal enterprise.

England Beat Pakistan by 8 Wickets to Complete 3-0 Sweep

England beat Pakistan by eight wickets in the third Test at Edgbaston to complete a 3-0 series sweep and secure a historic home whitewash.

BRICS Declaration Condemns Pahalgam Terror Attack

The BRICS New Delhi Declaration condemns the Pahalgam terror attack and calls for zero tolerance against terrorism, terror financing and safe havens.