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ONION BUFFER STOCK
US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...- Govt hikes onion procurement rate to Rs 16.5 per kg from Saturday to help farmersThe government has increased the onion procurement price to Rs 16.50 per kg. This move aims to boost farmers' income through the buffer sto...
- Government raises onion buffer stock purchase price 24% to Rs 15.80/kgThe government has set a higher onion procurement price at Rs 15.80 per kg, a step designed to uplift farmers and regulate market rates eff...
- Onion farmers seek Rs 10,000 crore revival package, stable export policy from CentreMaharashtra onion farmers are facing a severe financial crisis. They are urging the central government for a special Rs 10,000 crore reviva...
- Consumers unlikely to see major impact on food prices over next 2-3 months: Consumer Affairs SecyThe government is closely monitoring the prices of essential food commodities. At present, prices have remained stable and largely range-bo...
- Thali costs rise in April on higher tomato, vegetable oil, LPG pricesHome-cooked vegetarian and non-vegetarian thali costs rose 2% year-on-year in April, primarily due to increased prices of tomatoes, vegetab...
- No unusual price volatility despite West Asia tensions, Government says; ample food stocks in placeThe government states essential commodity prices are stable despite the West Asia crisis. Sufficient wheat and rice stocks are available fo...
- Onion buffer stock not even 10% of FY25 targetGovernment's procurement of onions for buffer stock creation for price stabilisation operations falls short of 2024-25 target by 90%. Delay...
- Govt assures onion farmers there won't be export ban impact; will buy 2 lakh tonne for buffer stockOn December 8, the Centre banned onion exports till March 31 next year to increase domestic availability and keep prices under check. This ...
- NCCF procures 2,826 tn onion from farmers for buffer stock; to scale up buying in coming daysThe National Cooperative Consumers' Federation of India (NCCF) has purchased 2,826 tonnes of onions directly from farmers in the last four ...
- Government raises onion buffer stock target for 2023-24 to 3 lakh tonneMinister Goyal's response was in reply to a question by a parliamentarian about the remedial measures being taken by the government to stab...
- No unseasonal rain threat to onion prices, enough buffer stock, says govtIt is worth noting that onion prices have been fairly stable this year. This is because of record production in the 2021-22 rabi season as ...
- Govt to offload about 50,000 tonnes of onions from buffer stockAs the shelf life of onions is less, the department has written to all states to place orders if they need onions, the sources said. The Ce...
- Efforts to ease onion prices bearing results, says governmentOnion prices had started rising from the first week of October, 2021, due to rains that disrupted the supply chain. “In order to cool down ...
- A quarter of onion buffer stock may be damaged due to loss of moisture during storageA quarter of the onion buffer stock of 100,000 tonnes is likely to have been damaged due to loss of moisture during storage.
- Quarter of India's onion buffer stock likely to be damaged: NafedS K Chadha, managing director of Nafed, the state owned cooperative marketing federation which maintains stocks for central government, sai...
- Government left with 25,000 tonnes buffer stock onion: NafedThis buffer stock of onion is created and maintained by Nafed on behalf of the government to be used for interventions in times of onion cr...
- Centre offers buffer stock onion to states/UTs to check rising prices: Consumer Affairs SecyAs per data maintained by the Consumer Affairs Ministry, retail onion prices in Mumbai were ruling at Rs 86/kg, Chennai at Rs 83/kg, Kolkat...
- Govt to create 1 lakh tonnes of onion buffer stock in 2020The government had created a buffer stock of 56,000 tonnes for the current year but it was not sufficient.
- Government to procure 15,000 tons onion for buffer stockThe procurement of onions would begin from next month, a top official in the Consumer Affairs Ministry official said.
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