Removal of 20% onion export duty to boost farmers' income: Shivraj Chouhan

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Removal of 20% onion export duty to boost farmers' income: Shivraj Chouhan - Business Standard

Quick Summary:

The government's decision to withdraw 20 per cent customs duty on onion exports effective April 1 will boost farmers' income, Agriculture Minister Shivraj Singh Chouhan said on Monday.

The minister said the export duty was earlier fixed at 40 per cent, but was reduced to 20 per cent when onion prices started falling and farmers began getting lower returns.

"There will be no duty on onion export so that onion grown by our farmers with hard work reaches the global markets, and they can get better price and remunerative price," Chouhan said in a video statement.