Centre steps in to check onion costs, to offer buffer stock to States and UTs
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The Centre is providing onion from the buffer stock saved at Nashik, Maharasthra, on the procured price of ₹26-28 per kg to States.
In a bid to calm down retail onion costs which might be ruling over ₹75 per kg in some locations, the Centre has stepped up efforts and requested States and Union Territories to take the kitchen staple from the central buffer stock for retail intervention.
As per knowledge maintained by the Consumer Affairs Ministry, retail onion costs in Mumbai have been ruling at ₹86/kg, Chennai at ₹83/kg, Kolkata at ₹70/kg and Delhi at ₹55/kg on October 22.
“We have stepped up efforts to check the price rise. We have requested State governments and Union Territories to take onion from our buffer stock for retail intervention,” Consumer Affairs Secretary Leena Nandan informed PTI.
Assam, Andhra Pradesh, Bihar, Chandigarh, Haryana, Telangana and Tamil Nadu have proven curiosity and taking a complete of 8,000 tonnes of onion from the buffer, she stated, including that the Ministry is awaiting response from different States.
The Centre is providing onion from the buffer stock saved at Nashik, Maharasthra, on the procured price of ₹26-28 per kg to States who want to elevate the stock on their very own. For others who need it to be delivered, the supplied value can be ₹30 per kg, she added.
Besides this, the Secretary stated that cooperative Nafed, which is procuring and sustaining the onion buffer stock on behalf of the federal government, is offloading the stock in wholesale mandis throughout the nation.
To check costs in Delhi, Nafed can be providing onion from the buffer stock for retail sale through Kendriya Bandhar and Mother Dairy’s Safal retailers in the nationwide capital, she stated.
The authorities has to this point offloaded 30,000 tonnes of onion from the buffer stock of 1,00,000 tonnes created from the acquisition of 2019-20 rabi crop.
The kharif onions are possible to begin arriving quickly in mandis and the federal government hopes that an estimated kharif crop of 37 lakh tonnes is probably going to enhance provide and soften costs.
Meanwhile, the federal government is contemplating import of onion and has relaxed fumigation and phytosanitary norms until December 15 and activated Indian consulates to facilitate cargo.
On September 14, the federal government had introduced a ban on onion export to guarantee availability to home shoppers at affordable charges through the lean season earlier than the kharif onion arrival.
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