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

Five-Day Market Rally Adds Rs 25.27 Lakh Crore to Make Investor Richer

Five-Day Market Rally boosts investor wealth by Rs 25.27 lakh crore as crude oil falls and global tensions ease. Read more.

Sensex Jumps 736 Points, Nifty Ends Above 23,850 on Strong Market Rally

Sensex jumped 736 points and Nifty closed above 23,850 as easing geopolitical tensions and falling oil prices boosted investor sentiment.

More like this

Five-Day Market Rally Adds Rs 25.27 Lakh Crore to Make Investor Richer

Five-Day Market Rally boosts investor wealth by Rs 25.27 lakh crore as crude oil falls and global tensions ease. Read more.

Talcher Gold Refinery Robbery: 2 Accused Injured in Police Encounter

Talcher Gold Refinery Robbery case takes a dramatic turn as two accused are injured in a police encounter. Read full details.

Malkangiri Pregnant Woman Snake Bite Death Triggers Anger, Doctor Attacked by Villagers

Malkangiri snake bite death triggers outrage as family accuses hospital of negligence. Read what happened and what comes next.