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India Imposes Export Tax on Onions to Curb Food Inflation as Elections Near

WSJ Original article ›
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The Indian government imposes a 40% export tax on onions. Tomato pries have increased fivefold and onion prices have surged with drought in some areas and floods damaging crops. Uneven rainfall is affecting grain supplies also and the Indian government is keeping a close watch on this. Prime minister Modi also stated this in his Independence Day speech.



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