India Imposes 40% Duty On Onion Exports As Prices Rise

India has imposed a considerable responsibility on onion exports

New Delhi:

The federal government has imposed 40 per cent responsibility on onion exports until December 31 this yr, the Finance Ministry stated.

The responsibility is relevant instantly, it stated.

The transfer comes as onion costs proceed to rise this month. Experiences stated onion costs are prone to hold rising in September.

Tomato costs, on a mean, additionally registered an additional improve in August thus far, though more moderen information point out some pullback in charges, the Reserve Financial institution of India (RBI) stated in its bulletin on Thursday.

Onion and potato costs additionally registered sequential improve, the bulletin stated.


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