Team Blitz India
NEW DELHI: The export of onion has been put under prohibition from 8th December, 2023 till 31st March, 2024 to ensure availability of onion to the domestic consumers at affordable prices.
The Government took the decision taking into account delay in Kharif arrival, the quantity of onion exported and global situation such as trade and non-trade restrictions imposed by major suppliers such as Turkey, Egypt and Iran. To ensure that farmers are not adversely affected, the government is continuously procuring onions from the farmers under the Price Stabilisation Fund.
In current year, the Government had directed NCCF and NAFED to procure 7 lakh tonnes of onion for the buffer. Till date, about 5.10 lakh tonnes had been procured, and procurement of remaining quantity is ongoing.
Onions procure by the government are continuously disposed in high price markets through open market sales and direct retail sales to consumers. Out of 2.73 lakh tonnes of onion disposed from the buffer, nearly 20,700 MT has been sold to retail consumers in 213 cities through 2,139 retail points.
