40% duty on certain onion varieties may be rolled back

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The government on August 19 imposed a 40% duty on all types of onions exported from India to tame strong bullish trend in onion prices. This caused a nearly 70% fall in onion exports, said market sources. Meanwhile, in a meeting held on Monday, traders from Nashik decided to continue their onion strike that started on September 20. This is not likely to affect the onion prices in the country.

from Agriculture-Economy-News-Economic Times https://ift.tt/k4gJ0tu

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