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Govt procures 25,000 tonnes of kharif onion so far for buffer stock
![IndiaTimes]()
Monday, 1 January 2024
The Centre has procured 25,000 tonnes of onion from the 2023 kharif season for its buffer stock. The government aims to maintain a buffer stock of 7 lakh tonnes for the 2023-24 fiscal, compared to 3 lakh tonnes last year. The government has already procured 5 lakh tonnes of onion from the rabi season and is currently purchasing 2 lakh tonnes of kharif onion. The average retail price of onion has decreased by 27.58% to Rs 42 per kg due to the offloading of 3.04 lakh tonnes of onion from the buffer stock.
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Monday, 1 January 2024
