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Centre imposes 40% export duty on onion to improve local supplies - Best Business Review Site 2024

Centre imposes 40% export duty on onion to improve local supplies

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Mandi, onion

Farmers selling onion in a mandi


The government on Saturday imposed a 40 per cent duty on the export of onions to check price rise and improve supplies in the domestic market.


The Finance Ministry through a notification imposed a 40 per cent export duty on onions till December 31, 2023.


The export duty comes amid reports that onion prices are likely to rise in September.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Aug 19 2023 | 7:06 PM IST

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