Centre to buy onions from farmers at ₹2,410 per quintal: Piyush Goyal
According to Goyal, more onions will be procured from Madhya Pradesh and Maharashtra, as and when required.
According to Goyal, more onions will be procured from Madhya Pradesh and Maharashtra, as and when required.
Onions from the buffer are also being made available to retail consumers at a subsidised rate of ₹25 per kg through retail outlets and mobile vans of NCCF
The government is also exploring the disposal of onion stocks via e-auction and retail sales on e-commerce platforms
If tomato prices rise without substantial change in potato & onion, inflation in Q2 to come near 5.8%; if TOP inflation surges, it might come around 6% in quarter, says SBI
Around 76% of the respondents see their monthly vegetable budget increase between 25-100% in the last two years, shows a survey LocalCircles.
At the last monetary policy meeting of FY20, the central bank kept the interest rate unchanged, with a warning to not read the ‘pause’ continually for its future actions.
Soaring onion prices in the third quarter are not only an indicator of the economic effects of untimely rainfall, but also bring to the fore the pressing need for climate-resilient agriculture.