India imposes 40% export duty on onions until December 31
The move comes in order to improve the domestic availability of onions, the government said in a notification.
Source: moneycontrol.com
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Central Govt Imposes 40% Export Duty on Onion to Improve Domestic Supplies As Prices Surge
Onion Price Hike: The export duty, which is the first time ever on onion, has been imposed as the retail sale price of the kitchen staple, according to government data, touched Rs 37/kg on Saturday in Delhi
Source: news18.com
India imposes 40% tariff on onion export till Dec 31
A senior government official said that the decision has been taken to increase the availability of onions in the domestic market especially in view of the upcoming festival season | Latest News India
Source: hindustantimes.com
Surge in onion prices adds another layer of pain for India's consumers
The crop damage limited supplies, more than doubling wholesale prices at India's largest onion trading hub, Lasalgaon in Maharashtra, to ₹33,400 ($444.82) per tonne in just a month. Retail prices in metro areas such as Mumbai have jumped above 50 rupees a kilogram
Source: livemint.com
To Keep Prices In Check, Govt May Procure 50% More Onions In FY22: Report
To keep prices in check, govt may procure 50% more onions in FY22: Report The government wants to create a buffer stock of 150,000 tonnes of the kitchen staple. January 11, 2021 / 01:30 PM IST Navi Mumbai: Heaps of onions at UP State Warehouse in Navi Mumbai, Monday, Sept 23, 2019. Onion prices are spiralling across the country, reportedly, due to shortage of supply. (PTI Photo) (PTI9_23_2019_000148B) The government might procure 50 percent more onions from farmers in 2021-22 to check the spike in prices, which can rise to Rs 100 per kg during the festival season. The government wants t...
Source: moneycontrol.com