Govt reviews price & availability of onion, supply from buffer stock being increased

Speed Post News Network

New Delhi : Department of Consumer Affairs (DoCA) has reviewed the price and availability situation of Onion with all the stakeholders concerned at a high level meeting chaired by the Secretary, Department of Consumer Affairs, Avinash K Srivastava.

It was indicated by Horticulture Commissioner (DAC&FW) that sown area under the Kharif onion crop is higher than last year and its arrival has commenced from Karnataka. Arrivals of Kharif onion crop is expected to increase significantly within a week. This would improve availability in consuming areas, thereby, helping moderate prices.

Meanwhile, at the meeting it was decided that the supply of Onion to Delhi from the buffer stock under the Price Stabilisation Fund (PSF) should be increased by 2-3 times from the current level so as to tide over any constraint in the interim supply of Onions in the market. The implementing agency for the purpose i.e. NAFED has been directed to increase the quantity supplied from PSF stock accordingly. The situation of Onion prices and its availability will be constantly reviewed by the committee and appropriate & immediate interventions will be made as required.

The Department of Consumer Affairs advised Mother Dairy to roll back the prices of Onions by Rs 2  across all variants. Mother Dairy agreed to reduce these rates from Rs 25.90 to Rs 23.90 for the loose variant and from Rs 27.90 to Rs 25.90 for the packed variant at all its stores in Delhi, according to a PIB release.