Traders fear 50% dip in exports due to 40% duty

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Usually, India exports 2.5 lakh tonnes of onions each month. Almost 90% of the onion exports are from Maharashtra, and more than 70% from Nashik district alone. Exporters said the Centre's decision will hit both the farmers and traders within the country and abroad.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gC5rk8T

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