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

Stock Market Recovery Powers Sensex Higher, Nifty Reclaims 23,450

: Sensex climbed 382 points and Nifty regained 23,450 as investors cheered lower volatility and easing crude prices.

Sensex Falls 479 Points as Crude Oil Spike Hits Markets

Sensex and Nifty closed lower as crude oil prices surged after reports of fresh US military operations in Iran.

More like this

Puri Jagannath Temple to Remain Closed 4hrs For Banakalagi Ritual Today

Jagannath Temple in Puri will remain closed for four hours on Wednesday evening for the sacred Banakalagi ritual of the deities.

PM Modi Announces Compensation for Malviya Nagar Fire Victims, Condoles Loss of Lives

PM Modi announced ₹2 lakh compensation for families of those killed and ₹50,000 for injured victims of the Malviya Nagar fire.

Delhi Hotel Fire Kills 21 in Malviya Nagar

A massive Delhi hotel fire in Malviya Nagar killed 21 people and injured several others. Authorities have launched an investigation.