NEW DELHI: Union Home Minister Amit Shah on Saturday said that the Narendra Modi government is increasing exports to ensure fair prices to the farmers for their crops so that they can get maximum price for their crops.
Shah said that the government has taken three important decisions keeping the interests of farmers paramount that includes removing the minimum export price (MEP) of onions and Basmati rice.
In a post in Hindi on the social media platform ‘X’, he wrote, “The Modi government has decided to remove the minimum export price (MEP) on onions and reduce the export duty from 40 per cent to 20 per cent. This will increase onion exports, which will increase the income of the onion producing farmers.”
Shah said that the government has taken three important decisions keeping the interests of farmers paramount that includes removing the minimum export price (MEP) of onions and Basmati rice.
In a post in Hindi on the social media platform ‘X’, he wrote, “The Modi government has decided to remove the minimum export price (MEP) on onions and reduce the export duty from 40 per cent to 20 per cent. This will increase onion exports, which will increase the income of the onion producing farmers.”
The home minister further mentioned that the government has also decided to abolish the MEP on Basmati rice, enabling Basmati rice farmers to gain more profits by exporting it.
The government has decided to increase the import duty on crude palm, soya and sunflower oils from 12.5 per cent to 32.5 per cent and from 13.75 per cent to 35.75 per cent on refined oils. This step would enable India’s soya bean farmers to fetch better prices for their crop and increase their income, he said.
