Due to rising onion prices, the central government has taken another major decision. The government will continue the purchase of onions in all the mandis across India. The government will continue to interfere till the price falls.
The central government has so far taken various important steps to decrease the rising onion prices, the effect of which has also started appearing. After the intervention of the government, onion prices have fallen to Rs 60 per kg. In the middle of this, the central government has taken a big decision, which will give relief to onion farmers as well as customers.
Actually, the government has decided to continue the purchase of onions. Consumer Affairs Secretary Rohit Kumar Singh has said that the government has decided to continue the purchase of onions. This purchase will be held in all the mandis across India. He has said that until the onion prices are reduced, the government will purchase onion.
For your information, the government has banned onion exports till 31 March last week. The government has taken this step with the aim of keeping onion domestic prices under control and increasing availability. However, onion producing farmers are not happy with this decision and are opposing it in different parts of India. In Nashik district of Maharashtra, onion producing farmers are demanding to withdraw this decision. In the midst of this protest of farmers, the government has decided to continue the purchase of onions.
The Secretary of Consumer Affairs says that the government is expecting that by January onion prices will reach the current average price by Rs 57.02 per kg to reach below Rs 40 per kg. He said that the export ban will not have any effect on farmers. Also, it is a small group of traders who are taking advantage of the middle gaps in Indian and Bangladesh markets.