40% duty on certain onion varieties may be rolled back

40% duty on certain onion varieties may be rolled back

The central government is considering a roll back of the 40% export duty imposed on Bangalore rose onions and Krishnapuram rose onions grown in Karnataka and Andhra Pradesh, respectively, said trade sources. The government on August 19 imposed a 40% duty on all types of onions exported from India to tame strong bullish trend in … Read more

Onion traders in Nashik district go on indefinite strike, suspend auctions; minister warns action

Onion traders in Nashik district go on indefinite strike, suspend auctions; minister warns action

Nashik: Onion traders on Wednesday said they suspended auctions in all agriculture produce market committees in Nashik district of Maharashtra and the protest will continue indefinitely, a development raising the fear of shortage of the kitchen staple in retail markets and hike in prices. An office-bearer of the Nashik District Onion Traders Association (NDOTA) said … Read more