Incentives to spice up onion price

ewards under the scheme are payable as a percentage of realised free-on-board value and an MEIS duty credit scrip can be transferred or used for payment of a number of duties, including the basic customs duty.In recent weeks, farmers have been blocking highways and dumping onions as the prices have slumped to about Rs 1 per kg in the wholesale markets even though it takes around Rs 8 to produce a kg of the bulb crop. Maharashtra produces more than 30 per cent of the country's annual onion crop, followed by Karnataka. Onion is usually cultivated four times a year - early kharif, kharif, early rabi and rabi.Onions comprise less than one per cent in terms of value of the country's agricultural production. Dailyhunthttps://www.mobypicture.com/user/peeggerrizza

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