New Delhi: Amid the surge of onion prices in the country, Centre on Saturday imposed a whopping 40 percent duty on the export of onions till December 31 this year.
The increased duty on export of onions is effective immediately, it said.
---Advertisement---
Amid increasing onion prices this month, the Reserve Bank of India (RBI) reported that tomato prices have also gone up on average in August. However, recent data suggests a slight decrease in tomato rates.
Read more: Are youth dying around you for no reason? ICMR looking into it
---Advertisement---
The prices of onions and potatoes also saw a sequential increase, as per the RBI bulletin released on Thursday.
The rise in onion prices is expected to continue in September as well.
