November 18, 2024 03:46 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Narendra Modi govt attends to people's voices: Nirmala Sitharaman replies to X user's request | Manipur violence: Civil society gives 24-hour ultimatum to govt after mob attacks N Biren Singh's home | Narendra Modi leaves for three-nation tour, focus remains on G20 Summit in Brazil | Comedian Munawar Faruqui and 'Shraddha Walker killer' Aftab Poonawala on Lawrence Bishnoi's hitlist | TMC councillor in Kolkata narrowly escapes potential fatal attack after assailant's gun malfunctions
Govt imposes 40% duty on onion import
Onion
Image Courtesy: Unsplash

Govt imposes 40% duty on onion import

| @indiablooms | 19 Aug 2023, 09:18 pm

New Delhi: The government has imposed a 40 percent duty on the import of onion till December 31, the Ministry of Finance said on Saturday.

The duty will be effective immediately, the ministry said.

The move comes amid steadily rising onion prices.

It is anticipated that onion prices will soar in September, especially ahead of the festive season.

Tomato prices also jumped in August despite government measures. However, the wholesale price dropped recently.

On Friday, the Centre instructed the National Cooperative Consumers Federation (NCCF) and the National Agricultural Cooperative Marketing Federation (NAFED) to sell tomatoes to retail consumers at a price of Rs 40 per kg starting from August 20.

Compared to previous months, potato and onion prices have risen.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.