onion prices after export duty removal The government has intensified its efforts to check onion prices by stepping up the sale of buffer stock in wholesale markets, following a spike in retail prices after the recent removal of export duty. The government plans to increase retail sales of onions at a subsidised rate of Rs 35 per kg across India, focusing on cities where prices exceed the national average.
Consumer Affairs Secretary Nidhi Khare expressed optimism about the upcoming kharif onion crop, citing significantly higher acreage compared to last year. Ten days back, the government removed USD 550 per tonne minimum export price on onions, while raised import duty on crude palm oil to 20 per cent and on refined sunflower oil to 32.5 per cent.
Presentation- Dibyabharati Nayak
