Centre raises onion procurement price by 13% — here's why
By
TOI Business Desk
9h ago
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timesofindia.indiatimes.comCentre raises onion procurement price by 13% — here's whyindiatimes.comThe government has increased its onion procurement price to Rs 2,125 per quintal, a 13% jump, to boost farmer earnings and accelerate buffer stock building. This marks the fifth revision this season amidst sluggish procurement. Despite this, domestic availability remains stable with adequate stocks and steady wholesale arrivals. Speculative buying is noted, but consumer demand is subdued.
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Govt raises onion procurement price by 13% to Rs 2,125/quintal to ensure better returns for farmers
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