India

Onion Prices To Improve As Modi Government Lifts Export Duty: Shivraj Singh Chouhan

The Central Government has completely abolished the 20% export duty on onions, bringing relief to onion farmers across the country.

Union Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan lauded the decision, stating that the Modi government remains committed to ensuring fair and remunerative prices for farmers.

Export Duty Reduced From 40% To Zero

Earlier, the government imposed a 40% export duty on onions.

However, when onion prices started falling, farmers struggled to get fair prices.

In response, the government reduced the duty to 20%.

Now, the government has entirely removed the 20% export duty, allowing farmers to sell onions in global markets without any tax burden.

Chouhan emphasized that the decision aims to help onion farmers get better prices for their produce.

He reiterated that the Modi government prioritizes farmers’ welfare and takes timely decisions to protect their interests.

Farmers To Gain Better Prices In Global Markets

With export duty now at zero, Indian onions can reach international markets without additional costs.

Chouhan highlighted that farmers work hard to grow onions, and they deserve fair and profitable prices.

He assured that the government remains committed to supporting agricultural growth and farmer welfare.

The decision is expected to boost onion exports and improve earnings for farmers.

By removing export restrictions, the government aims to strengthen India’s agricultural sector and expand its global market presence.

Also Read: BMC Conducts Demolition Drive At The Habitat Studio After Kunal Kamra’s Controversial Show

Bharat Express English

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