Govt doubles export incentive on onions to shore up prices, boost shipments

Onion exporters will now qualify for a 10% export incentive, up from 5% earlier, under the so-called ‘Merchandise Exports from India Scheme (MEIS)’, which is administered by the directorate-general of foreign trade. The scheme mainly offers duty benefits to exporting Indian traders, which vary across products and export destinations.

from Hindustan Times - india http://bit.ly/2SpQHcR

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