HomeNewsBusinessEconomyAsia's largest onion market stops trade indefinitely to protest against Centre's 40% export duty

Asia's largest onion market stops trade indefinitely to protest against Centre's 40% export duty

The All India Kisan Sabha, one of the leading farmers' bodies, has appealed to all APMCs across Maharashtra to halt the trading of onions.

August 21, 2023 / 16:50 IST
Story continues below Advertisement
Onion auction to remain closed indefinitely in Nashik wholesale markets to protest 40% duty on export: Traders
The export duty was announced on August 19, amid a surge in onion prices

The Agriculture Produce Market Committee (APMC) of Lasalgaon in Nashik, which is Asia's largest onion market, has stopped the trading of the bulb indefinitely to protest against the Centre's imposition of 40 percent export duty on the kitchen staple.

Along with the market based in Lasalgaon, other APMCs in Nashik district have also boycotted the sale of onion.

Story continues below Advertisement

The All India Kisan Sabha (AIKS), the farmers' body linked to the Communist Party of India, has appealed to all APMCs across Maharashtra to halt the trading of onions. "Not only in Nashik, but across Maharashtra, farmers will come out to protest against the government's move to impose export duty on onions," AIKS general secretary Ajit Nawale said.

"The central government has continuously adopted anti-farmer policies. First, by facilitating the import of tomatoes and milk products, and now by placing export duty on onions, the government has damaged the interests of farmers. To protest against this, farmers across Maharashtra will boycott the sale of opinions at the APMCs. Kisan Sabha will support their agitation," Nawale added.