Govt Sells 4,000 Tonnes of Buffer Onions Across 17 Cities in 10 Days to Cool Prices
The subsidised sale targets price-sensitive markets as prices stay elevated, with average all-India retail onion prices at Rs 50.79 per kg, officials said.
- On Sunday, Consumer Affairs Secretary Nidhi Khare announced the government sold about 4,000 tonnes of buffer onions across 17 cities in the first 10 days of a subsidized retail intervention aimed at curbing soaring prices.
- To cool market prices, the Centre is utilizing a 1.21 lakh tonne buffer stock managed by the National Cooperative Consumers' Federation of India Ltd. and National Agricultural Cooperative Marketing Fedration Of India Ltd. .
- Agencies are transporting bulk onions via the 'Kanda Express' rail rake or trucks, with NCCF Managing Director Anice Joseph Chandra reporting the federation alone has sold 1,500 tonnes.
- Onions are retailing at a subsidized rate of Rs 35 per kg, which Chandra said has led to a Rs 2-3 per kg price drop across multiple states participating in the scheme.
- Officials expect the new kharif onion crop to arrive by mid-October, with supply pressure easing and further price relief anticipated as the market receives fresh inventory.
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Govt sells 4,000 tonnes of buffer onions across 17 cities in 10 days to cool prices
New Delhi, Sep 6: The government has sold about 4,000 tonnes of buffer onions across 17 cities in the first ten days of a subsidised sale aimed at curbing skyrocketing prices, Consumer Affairs Secretary Nidhi Khare said on Sunday. The Centre, through its agencies NCCF and Nafed, is sitting on a buffer stock of 1.21 lakh tonnes of onion for 2026. These agencies are transporting the stored onions in bulk from producing states to consuming centres,…
Onion prices to reduce soon? Govt sells 4,000 tonnes of buffer stock across 17 cities in 10 days
Government subsidised onion sales have reduced prices by ₹2-3 per kg, while the average retail price across India is ₹50.79 per kg. A total of 4,000 tonnes has been sold in 10 days, and the kharif crop's arrival in mid-October is expected to ease supplies further.
Onion Price Update: To control the rising prices of onion, the Modi government has sold 4000 tonnes of onion in 10 days and this buffer stock onion has been sold in the retail market at the price of Rs 35.
Government sells 4,000 tonnes of buffer onions across 17 cities in 10 days to cool prices
The government has sold approximately four thousand tonnes of buffer onions. This subsidized sale is occurring across seventeen cities to curb rising prices. Agencies NCCF and Nafed are distributing stored onions via rail and trucks. Onions are being sold at a subsidized rate of thirty-five rupees per kilogram.
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