new Delhi. The imposition of stock limit on onion and the arrival of foreign onion in the country’s market has put a check on the skyrocketing price, but the consumers of the country will be able to get cheaper onion only when there is an increase in domestic arrivals, because the import of onion is not even cheap. is. Imported red onion is being sold in the markets of the country at Rs 65 per kg. Ajit Shah, president of the Horticulture Produce Exports Association, said that the cost price of imported onion varies from Rs 40 to 45 per kg at Mumbai Port. In such a situation, after adding the cost of transporting imported onions in different states of the country, consumers are not getting imported onions at less than Rs 55 to 65 per kg.
According to information from business sources, India is currently importing onions from Iran, Egypt, Turkey and Holland as well as Afghanistan.
According to the retail price list available on the website of the Department of Consumer Affairs under the Union Ministry of Consumer Affairs, Food and Public Distribution, the average retail price of onions across the country was Rs 65 per kg on Sunday. The retail price of onions in Delhi-NCR markets also ranged from Rs 60 to 70 per kg on Sunday.
On the other hand, bids for supply of 40 to 60 millimeters of 15,000 tons of red onions in size were invited from importers in the tender issued on Saturday by National Agricultural Co-operative Marketing Federation of India i.e. NAFED, the top cooperative of marketing agricultural products in the country Huh.
The tender states that the price of bidding of onions to be supplied on truck load / rack load at the identified Indian port would be Rs 50,000 per ton, ie Rs 50 per kg.
Ajit Shah said that the rise in prices due to the arrival of onions from abroad has put a stop to the present, but the price of onions will come down only when the arrival of new crops will increase. He said that if onion was not imported, the price would have skyrocketed.
Rajendra Sharma, General Secretary, Azadpur Mandi Potato Onion Merchant Association, POMA, told that a new crop of onions has started coming in from Rajasthan. However, the arrival of new crops is still declining.
On 23 October, the central government has fixed the limit to keep onion stock for wholesale and retail traders, according to which the retailer can stock a maximum of two tonnes and the wholesaler can stock a maximum of 25 tonnes of onions. The government has imposed a stock limit on onions for the period up to December 31, 2020.
Earlier on September 14, the government had banned the export of onions. At the same time, 36,000 tonnes of onions have been released in the country’s markets from the buffer stock lying with NAFED.
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