New Delhi-Government has raised the quantum of onion buffer to five lakh metric tonne (LMT) this 12 months, after reaching the preliminary procurement goal of three lakh metric tonne.
Apart from releasing in main markets, onions from the buffer are additionally being made out there to retail customers at a subsidised price of Rs 25 per kg by shops and cell vans of NCCF from Monday (August 21).
Retail sale of onion might be suitably enhanced in coming days by involving different companies and e-commerce platforms.
Consumer affairs division has directed NCCF and NAFED to obtain 1 lakh tonne every to attain the extra procurement goal alongside calibrated disposal of the procured shares in main consumption centres, official sources mentioned.
Disposal of onions from the buffer has commenced, focusing on main markets in states the place retail costs are above the all-India common or are considerably larger than the earlier month.
As on date, about 1, 400 metric tonnes of onions from the buffer have been dispatched to the targetted markets and are being constantly launched to enhance the provision.
Through measures like procurement for the buffer, targetted launch of shares and imposition of export obligation, the federal government plans to make sure steady availability of onions and likewise present profit to the farmers by assuring remunerative costs to them.
To enhance the home availability of onions, authorities had on Saturday (August 19) imposed 40 per cent export obligation on onions with rapid impact as much as December 31, 2023.