Onion Traders in Nashik are on protest opposing government's recent decision to raise the export duty on onions
On Wednesday, a representative of the Nashik District Onion Traders Association (NDOTA) stated that the organization was opposing the Union government's recent decision to raise the export duty on onions to a maximum of 40%, which will remain in effect till December 31. Read more : India ratings upgraded forecast for real GDP growth in FY24 upward from 5.9 to 6.2 % The Nashik district of Maharashtra's onion traders have announced that they have postponed auctions in all agricultural produce market committees and that their protest will last indefinitely. This move has caused consumers to worry that there will be a shortage of kitchen staples in retail marketplaces and a rise in costs. The District Sub-registrar for Co-operative Societies issued an order on Wednesday night instructing all APMCs to revoke or suspend the licences of the striking merchants and submit the Action Taken Report by September 21 after taking serious notice of the situation. Wednesday morning, Maharashtra's marketing minister Abdul Sattar remarked that it was improper to observe a bandh, which would have prevented onion auctions from taking place. Notably, most of the APMCs in the Nashik area, including Lasalgaon, the biggest wholesale onion market in India, kept their onion auctions closed on August 20. The traders and brokers maintained their stance even in the cabinet meeting on Wednesday (Sept 20). The order of immediate legal action has been issued as a result, it claimed. Accordingly, all APMCs must make optional arrangements and take the required steps to maintain the sale and purchase of agricultural produce in accordance with the Maharashtra Agriculture Produce Marketing (Development and Regulation) Act, 1963. The licenses of such traders are subject to suspension or cancellation by APMCs. The ruling further said that the board of directors and secretary of an APMC would be subject to disciplinary action should they fail to comply with it. The APMCs must immediately suspend or revoke the licenses of such dealers in accordance with the provision. The directive further stated that a necessary procedure should be put in place to give licenses to new purchasers who want to acquire commodities at the APMCs. OTT India updates you with the latest news, The Country’s no.1 digital news platform OTT India. Keeps you updated with national, and international news from all around the world. For more such updates, download the OTT India app on your Android and IOS device.