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The onion trade has requested the government to introduce a floor price for calculating export duty on onions in order to ensure fairness among all stakeholders. Bans and restrictions on wheat, rice, and onion exports are causing revenue losses and inventory pileups for businesses. The government has imposed a 40% export duty on onions to control rising prices, but there is concern that certain ports and stakeholders may have an advantage.

India Business News: In an attempt to curb the substantial increase in retail onion prices, the central government recently enforced a 40% export duty on onions.

The farmers’ resistance has elicited differences in views from the ruling Bharatiya Janata Party (BJP) and its allies in state. While union minister Bharati Pawar justified the Centre’s decision, ministers from the Ajit Pawar faction of Nationalist Congress Party (NCP) as well as Shiv Sena favoured higher prices demanded by onion farmers | Mumbai news

The vendors had to discard tonnes of the rain soaked onions as they could no longer be sold.

Manufacturers of Vegetables,Onion traders, Get contact details & address of companies trading and supplying Onion