After tomato, Government to sell onion at subsidised rate of ₹25 a kg from tomorrow
₹25 per kg through retail outlets and mobile vans from Monday in fear of prices touching triple digits ahead of the festival season. It imposed a 40% duty on onion exports on Saturday to improve domestic supplies and tame inflation during the upcoming festival season.
The government will sell onions at a concessional rate from its buffer stock of 300,000 tonnes. The department concerned, i.e.
consumer affairs, on Sunday directed NCCF and NAFED to procure additional 100,000 tonne onion each to achieve the additional procurement target alongside calibrated disposal of the procured stocks in major consumption centres. The government earlier this month decided to release onions from the 300,000-tonne buffer created this year as part of the price stabilization fund (PSF) to cool onion prices amid the broader trend of rising vegetable costs and so far, dispatched about 1,400 tonnes in states and UTs where retail prices are above the all-India average or are significantly higher than the previous month
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