Advertisement

Updated January 8th, 2020 at 08:22 IST

Centre to offer onions to States at Rs 49 to 58 per kg

Amid hiked onion prices, Union Minister Ram Vilas Paswan on Tuesday said the centre has decided to offer onions to states at the descending price in Mumbai

Reported by: Prachi Mankani
onion
| Image:self
Advertisement

Amid hiked onion prices, Union Minister Ram Vilas Paswan on Tuesday said the centre has decided to offer onions to states at the lowered prices in Mumbai ranging from Rs 49 to Rs 58 per kilogram. The Minister further stated that the imports commenced from mid-December and the states were asked to place their firm demand in order to get the supply from the imported stock.

Addressing a press conference, Paswan said that orders of onions were placed tactically in small lots and over a period of time to ensure international prices don't increase drastically.

"The Union Government had planned the imports based on the initial demand and has already contracted almost 40,000 MT of onions, which will arrive in India before the end of January. So far, 12,000 MT of onions have arrived in the country and is ready for distribution among the state government."

The Minister said that the main concern is to protect the interest of consumers and for ensuring that, the domestic supply is being augmented with imports so that prices are moderated and overall availability is increased.

For the achievement of the same, he further suggested coordinated effort between the central and state government and the consumers. 

READ: Pakistan set to miss 4% GDP growth: central bank

READ: Karnataka to receive additional Rs 669 crore flood relief from Centre

1 lakh tonnes of onion buffer stock in 2020

To prevent the repeat of this year's onion crisis, the Centre has decided to create a buffer stock of 1 lakh tonnes of the key kitchen staple in 2020, a senior government official said on Monday. The government had created a buffer stock of 56,000 tonnes for the current year but it was not sufficient to contain the prices which are still ruling above Rs 100 per kg in most cities across the country. As a result, the government was compelled to import through state-run MMTC.

READ: Centre has rejected TN govt's 2016 decision to release Rajiv case convicts: HC informed

READ: Centre's advance estimate peg 2019-20 GDP growth at 5%, down from 6.8%; Mfg at 2%

(With Agency Inputs)

Advertisement

Published January 8th, 2020 at 08:22 IST

Your Voice. Now Direct.

Send us your views, we’ll publish them. This section is moderated.

Advertisement
Advertisement

Trending Quicks

Kia Motors
a few seconds ago
Mushfiqul Fazal Ansarey: ‘Anti-India’ Bangladesh Journalist Who Questioned US, UN on Arvind Kejriwal
10 minutes ago
Mastering NDA Preparation: The Importance of Effective Revision Strategies and Organized Study Materials
12 minutes ago
Gautam Gambhir and Virat Kohli
14 minutes ago
Congress Press Conference
15 minutes ago
Virat Kohli's text to RCB owners got WPL team to unbox event
17 minutes ago
Pakistan and the IMF agree on a $1.1 billion disbursement for the debt-ridden economy.
17 minutes ago
Patna Shuklla poster
19 minutes ago
Millet
21 minutes ago
Lok Sabha Elections 2024 LIVE
27 minutes ago
IndiGo direct flight between Mumbai and Ayodhya
31 minutes ago
Advertisement
Advertisement
Advertisement
Whatsapp logo