India

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

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

Share

New Delhi: The government on Saturday imposed a 40 percent 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 percent export duty on onions till December 31, 2023.

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

This post was last modified on August 19, 2023 7:02 pm

Press Trust of India

Press Trust of India (PTI) is India’s premier news agency, having a reach as vast as the Indian Railways. It employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.

Load more...
Tags: ExportOnion