India in a move to tame down rising prices of onions in the domestic market has declared the imposition of 40 percent duty on the export of the crop till December 31.

The announcement came in an Indian finance ministry notification issued on Saturday.

The export duty comes amid reports that onion prices in India are likely to rise in September, sources at the Ministry of Consumer Affairs and Commerce said.

Bangladesh is one of the countries that import onions from India to meet the domestic demand.

BDST: 0855 HRS, AUG 20, 2023
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