Centre cuts onion export responsibility to twenty%, raises Customs levy on crude and refined edible oils

The Centre continued its farmer-friendly insurance policies late into Friday evening, decreasing the export responsibility on onion to twenty per cent and elevating the Customs responsibility on edible oils by 20 per cent . The choices are timed forward of the harvest of kharif crops due shortly. They have been taken by the Cupboard Committee … Read more

India removes responsibility on chana, extends import window for yellow peas once more to spice up pulses’ provide

With costs of pulses displaying no indicators of cooling off, the Centre has taken additional steps to spice up the provides by eradicating the responsibility on desi chana (Bengal gram) whereas extending the import window for yellow peas until October 31, 2024. Chana or chickpeas attracted an import responsibility of 60 per cent. Additionally learn: … Read more

Miners urge govt to not impose export responsibility on low grade iron ore

Miners’ physique FIMI has urged the federal government to not impose any export responsibility on low-grade iron ore, stating that any such transfer would trigger a major lack of state revenues and employment and likewise have an effect on overseas alternate earnings. In a illustration to the federal government, the Federation of Indian Mineral Industries … Read more