Traders in Maharashtra’s Nashik have decided to indefinitely close onion auctions in all Agriculture Produce Market Committees (APMCs) in the district as a protest against the central government's decision to impose a 40 per cent duty on onion exports. Most APMCs in the district, including Lasalgaon, India's largest wholesale onion market, remained closed on Monday in response to this decision.
The traders argue that this export duty, in effect until December 31, 2023, will have a detrimental impact on onion growers and the export of the staple. The decision to indefinitely halt onion auctions was made during a meeting of the Nashik District Onion Traders Association on Sunday, according to Khandu Deore, the association's president.
Source: mid-day.com
