Agro Haryana

Onion rates should not increase during elections, government has made arrangements to provide relief; Farmers are also happy

Onion Buffer Stock: The government has announced to increase the buffer stock to control onion prices and protect farmers from any kind of loss. For this, 5 lakh tonnes of onion will soon be purchased by the government. The ban on export of onion will continue for now.
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 Onion rates should not increase during elections, government has made arrangements to provide relief; Farmers are also happy
Agro Haryana, New Delhi Onion Price Hike: Before the Lok Sabha elections, the government is eyeing the rising prices of commodities. The government is trying to ensure that the rates of anything related to the common man should not increase at any cost. 

Keeping this in mind, recently along with making LPG gas cylinders cheaper, the prices of petrol and diesel were also reduced. Now the government has decided to buy five lakh tonnes of onion to reduce the rising price of onion and keep the market stable. 

There has also been a rise in wholesale rates this year as compared to this time last year. Due to this, the financial burden on the customers was increasing compared to before, keeping this in mind the government has taken this step.

Exports were banned till March 31

But recently the government has decided to ban onion export till further orders. Earlier, the ban on onion export was imposed till March 31. 

After this, amid concerns about a possible fall in the price of onion, the government assured the farmers that keeping their benefits in mind, it will start purchasing five lakh tonnes of onion in the next 2-3 days. 

Consumer Affairs Secretary Rohit Kumar Singh said, 'We want to assure the farmers that their concerns will be taken care of. We will start purchasing five lakh tonnes of onion crop in the next 2-3 days to maintain the buffer stock.

Ban on export is affecting traders.

He said that ban on export of onion is affecting traders. Due to this, farmers are not facing any kind of problem. The average mandi (wholesale) price in Maharashtra is currently around Rs 13-15 per kg, which is almost double the level of last year. 

He said, 'Even if prices fall, we will take care of the farmers.' The Secretary said that the government purchases onions for buffer stock at the market rate. 

However, if the rate falls below the cost of production, the government ensures that at least the farmers' costs are covered. In the year 2023-24, the government had purchased 6.4 lakh tonnes of onion (both Rabi and Kharif crops) at an average rate of Rs 17 per kg for buffer stock.

Onion procurement will start in the next two days.

He said that almost the entire quantity has been disposed of. Nidhi Khare, Officer on Special Duty in the Ministry of Consumer Affairs, said that last year onion was procured in June. 

But this year it is going to start soon in the next two days. Two nodal cooperative agencies NAFED and NCCF will execute the procurement. For procurement, NAFED and NCCF have to do pre-registration of onion farmers so that the money can be transferred to the farmers' bank accounts through DBT.

Retail price stable at Rs 33

Regarding the possible decline in Rabi onion production, the Secretary said that the average retail price in the country is currently stable at Rs 33 per kg. The government has made a plan to deal with the supply-demand gap in two ways. 

He said the government is conducting trials to improve the shelf life of 1,322 tonnes of onions through irradiation treatment and secondly, farmers in key growing areas will be given permission to grow the early kharif crop depending on weather conditions. Will be encouraged.

According to Agriculture Ministry data, Rabi onion production in 2023-24 (July-June) is estimated to decline by 20 percent to 190.5 lakh tonnes, whereas it was 237 lakh tonnes in the same period a year ago. Rabi onion is important for the availability of onion in the country as it contributes 72-75 percent to the annual production. 

Rabi onion is also important to ensure availability of onion throughout the year as it has better self-life than Kharif (summer) onion and can be stored for supply till November-December.

In a separate statement, the recent decision to extend the onion export ban has become necessary in view of the prevailing international price and overall domestic availability amid global availability concerns. 

Meanwhile, the government has allowed exports to neighboring countries which depend on the country for their domestic consumption needs.

The government has allowed onion export to Bhutan (550 tonnes), Bahrain (3,000 tonnes), Mauritius (1,200 tonnes), Bangladesh (50,000 tonnes) and United Arab Emirates (UAE) (14,400 tonnes).

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