The central government has recently removed the fee on onion exports. There is no charge on onion exports now. But this time, due to the high crop, onions in the market are constantly increasing. Although domestic demand is low on one side, there is a decline in exports. In such a situation, onion exporters are now demanding a discount of more than five percent from the federal government under a type of tax from the purpose of staying in the world market.
The economic status of the peasantry has deteriorated
The Horticulture Production Exports Association has requested the central government to withdraw more than five per cent of the money under the Nashik, duty and tax exhibition program of Maharashtra. According to the Marathi website, Agaran, the federal government has imposed some stable conditions in exports to ensure the domestic demand for onion. But competitive onion -producing countries continued to export. Due to export duty, exported onions from India have been reduced. Now that the export fee has been completely eliminated, the domestic market prices are in a state of decline. As a result, the economic status of farmers who produce onions is deteriorating.
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Appeal to the intervention of the government
The Horticulture Production Exports Association has called for the central government to immediately intervene. The Rodpe line was brought on January 1, 2021. Under this, the products to be exported by the Directorate of Foreign Trade are exempt by the Ministry of Commerce. Currently, this exemption on onions is withdrawn by 1.9 percent. The organization says it should be increased to five percent.
Farmers will have less difficulties!
According to the organization, increased tax return will help to compete in the world market. At the same time, with its help, the lack of restrictions on exports can be accomplished. The organization says that if the center is assisted, the current difficulties will be reduced and India can again strengthen its position as a reliable onion exporter.
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How to benefit from refunding money?
According to the system, if the onions are highly produced and the tax refund increased, the facility of export operations will be available. Also, domestic demand can also be balanced. This can also prevent the lack of need in the domestic market. Once onion exports have increased, prices are automatically better and can help farmers. Due to the increase in exports, foreign exchange reserves will increase and Indian exporters will be relieved. Exporters can complete the deficit by extracting transport and infrastructure costs.
. Hindi
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