India’s 40% export duty on onions: Bad for Farmers and Exporters, Good for domestic consumers?

export duty on onions

The Indian government has imposed a 40% export duty on onions until December 31, 2023, in a bid to stabilize onion supplies and control rising prices. Rohit Kumar Singh, the secretary of consumer affairs, mentioned that the government plans to enhance onion availability within the local market, especially considering the upcoming festival season. To achieve … Read more