News > Govt steps up buffer stock sale to control onion prices after export duty removal
Govt steps up buffer stock sale to control onion prices after export duty removal
23/09/2024 06:19 PM | Click to read full article
Consumer Affairs Secretary Nidhi Khare said, "We anticipated a price surge after lifting the export duty. With our 4.7 lakh tonne buffer stock and increased kharif sowing area, we expect to keep onion prices in check." The government plans to increase retail sales of onions at a subsidised rate of Rs 35 per kg across India, focusing on cities where prices exceed the national average. Retail onion price in Delhi at Rs 55 per kg up from Rs 38 per kg a year ago.