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

SEBI Tightens Employee Conduct Rules with Stricter Investment and Disclosure Norms

SEBI introduces stricter employee conduct rules with investment restrictions, cooling-off norms and stronger conflict-of-interest disclosures.

Sensex, Nifty Likely to Open Lower Today Amid Global Tensions

Sensex and Nifty are expected to open lower amid rising crude oil prices and global tensions. Check key support and resistance levels.

More like this

ICC World Cup 2027 Format Announced: 14-Team Tournament, Three Competitive Stages

ICC has announced a new format for the 2027 Men's Cricket World Cup featuring 14 teams, a Super Series and Super 7 stage.

Missing CMO Inquiry Reports: Odisha Police Summon Two Former Bureaucrats

Odisha Police have summoned two former bureaucrats to investigate the disappearance of two inquiry commission reports from the Chief Minister's Office.

Jasprit Bumrah ODI Record: India Pacer Creates History in England

Jasprit Bumrah became India's highest ODI wicket-taker in England and reached 150 ODI wickets during the first ODI against England.