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

Sensex Today, Markets End Higher as Investors Track West Asia Developments

Sensex rose 274 points and Nifty closed above 24,300 as investors tracked West Asia tensions. Check key levels and market highlights.

Odisha Launches NSE BFSI Free Stock Market Training Programme in Colleges

Odisha Higher Education Department launches the NSE BFSI Skill Programme in colleges to provide free financial sector training and boost student employability.

More like this

Odisha CM Mohan Charan Majhi Meets Union Home Minister Amit Shah, To Support for Odisha’s Development

Odisha CM Mohan Charan Majhi met Union Home Minister Amit Shah in New Delhi to discuss development, law and order, industrial security and welfare initiatives.

MKCG Forms Five-Member Panel to Probe Alleged PG Exam Malpractice

MKCG Medical College has formed a five-member committee to investigate alleged malpractice during the recent PG MD/MS examination.

Shehzad Poonawalla Resigns as BJP National Spokesperson

Shehzad Poonawalla has resigned as BJP national spokesperson, citing personal reasons. Read the latest developments and what happens next.