DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5

India Doubles Export Incentives For Onion Farmers To 10%

By Steve Wynne-Jones
Share this article
India Doubles Export Incentives For Onion Farmers To 10%

The Indian government has doubled export incentives for onion farmers to 10%, following steep drops in recent weeks in prices for onions, a staple food in India.

The move will result in better prices for onions in the domestic market, the government reported in a statement.

The export incentive programme allows farmers to get a credit from the government that can be used to pay various taxes.

Prime Minister Narendra Modi is currently trying to win back support from farmers ahead of a general election, due to be held by May.

Farmers have been angry about the lack of government support that they have been given as crop prices collapsed.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

ADVERTISEMENT
Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.