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Duty hike effect: Onion exports down by 50%

By Economic Times - 4 months ago
India’s onion exports fell over 50 percent in June, hindered by a minimum export price of $550 per tonne and a 40 percent export duty, making Indian onions costlier than competitors. Exporters are pushing for the removal of these policies, arguing that domestic supply is ample. Up to July 2024, 2.

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