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Government's Major Onion Export Concession Decision Sparks Farmer Unrest: What's the Impact?
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Onion Export Incentives Halved: Farmers Face Crisis as Govt Cuts RODTEP Rates
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News18
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24-02-2026, 10:15
Onion Export Incentives Halved: Farmers Face Crisis as Govt Cuts RODTEP Rates
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Union Ministry of Commerce and Industry slashes RODTEP rates for export promotion by 50%, impacting onion farmers.
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Decision expected to severely hit agricultural export sector, especially onion processing industry, and farmers' incomes.
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RODTEP scheme aimed to refund indirect taxes, making Indian products competitive internationally; crucial for agro-products.
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Rate cut will increase exporter costs, reduce profits, and may lead to lower domestic onion prices due to increased supply.
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Farmers' association demands immediate withdrawal of the decision, higher rates for agro-products, and 4% RODTEP for onion processing.
Read Full Article on News18 in Marathi
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