Due to continuous increase in the price of onion, common people have started facing problems. A day ago the report had come that the average price of onion at the all India level has increased by 57 percent. A year ago the price of onion was Rs 30. The same price has now become Rs 47 per kg. The heat of onion inflation should not reach the government and should not flare up in the hearts of the common people. Even before that the government has started working on it. The government has made such a plan. Which will help in reducing the prices of onion. Let us also tell you, what plan has the government made on the price of onion.
Government will take these steps
After the all-India average retail price of onion increased by 57 per cent to Rs 47 per kg, the government on Friday decided to increase the sale of onion from the buffer stock at a concessional rate of Rs 25 per kg in the retail markets to provide relief to consumers. The all-India average retail price of onion rose to Rs 47 per kg on Friday from Rs 30 per kg in the same period a year ago, according to data released by the Consumer Affairs Ministry. According to the data, the retail price of onion in Delhi on Friday was Rs 40 per kg, while it was Rs 30 per kg in the same period a year ago.
Government will provide onion from buffer stock
Giving information, Consumer Affairs Secretary Rohit Kumar Singh said that we are providing onions from the buffer stock from mid-August and we are increasing retail sales to prevent further increase in prices and to provide relief to consumers. According to the ministry, in the states where prices are increasing rapidly, onion is being supplied from buffer stock in both wholesale and retail markets. Since mid-August, about 1.7 lakh tonnes of onion was supplied from the buffer stock at various places in 22 states.
In the retail markets, onions from the buffer stock are being sold at a subsidized rate of Rs 25 per kg through the shops and vehicles of two cooperative bodies, National Consumer Cooperative Federation of India (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED). In Delhi too, onion from buffer stock is being sold at the same concessional rate.
Why did the price of onion increase?
A senior official of the ministry said that delay in sowing of Kharif onion due to weather related reasons resulted in less crop and delay in arrival of the crop. The official said that the arrival of fresh Kharif onions should have started by now but it did not happen. The supply situation is bad due to exhaustion of stored Rabi onions and delay in arrival of Kharif onions, due to which prices are increasing in both wholesale and retail markets.
doubled buffer stock
He said that the government has doubled the buffer stock for onion in the current year 2023-24. This will improve domestic availability and curb rising prices in the coming days. For the financial year 2023-24, the Ministry of Consumer Affairs has maintained a buffer stock of five lakh tonnes through NCCF and NAFED and plans to purchase additional two lakh tonnes of onion in the coming days.
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