MY KOLKATA EDUGRAPH
ADVERTISEMENT
regular-article-logo Saturday, 11 May 2024

25,000 tonne of onions to be imported before Diwali to curb price-rise

Govt to bring in 30,000 tonne of potatos from Bhutan, says Piyush Goyal

Our Bureau, Agencies New Delhi Published 30.10.20, 07:28 PM
Among other measures, stock limits have been imposed on traders to curb hoarding and black marketing and Nafed, which is holding buffer stock of onion on behalf of the government, is offloading stock in the open market.

Among other measures, stock limits have been imposed on traders to curb hoarding and black marketing and Nafed, which is holding buffer stock of onion on behalf of the government, is offloading stock in the open market. Shutterstock

In an effort to boost domestic supply and check price rise, Consumer Affairs Minister Piyush Goyal on Friday said private traders have already imported 7,000 tonnes of onion and another 25,000 tonnes are expected to arrive before Diwali.

Cooperative Nafed will also start importing onion, he said.

ADVERTISEMENT

Besides, 30,000 tonnes of potato is being imported from Bhutan in order to improve the local supply and control prices of the key commodity, he added.

"Retail onion prices have stabilized in the last three days at Rs 65 per kg. The government has taken proactive measures to check price rise. Exports were banned timely and took steps for import," Goyal said at a digital press conference.

The government relaxed fumigation norms for import of onion till December. So far, 7,000 tonnes of onion has been imported by private traders, he said.

"Another 25,000 tonnes of onion is expected to arrive before Diwali," he said, and added along with imports, the arrival of a new kharif crop in mandis from next month will help improve the supply situation and ease pressure on prices.

The minister said that onion is being imported from countries like Egypt, Afghanistan and Turkey by private traders. Even Nafed will import on its own capacity.

The government has relaxed fumigation norms for import of onion and export of onion seeds have been banned, he added.

Among other measures, stock limits have been imposed on traders to curb hoarding and black marketing and Nafed, which is holding buffer stock of onion on behalf of the government, is offloading stock in the open market.

So far, Nafed has offloaded 36,488 tonnes.

In case of potato, Goyal said its prices have been rising and the average retail price in India has been stable at around Rs 42 per kg for the last three days.

However, the government has taken steps to import potatoes. About 30,000 tonnes of potatoes are arriving from Bhutan in the next couple of days, the minister said.

"We are going to import about 10 lakh tonnes of potato and bring prices under control," he added.

Kharif onion is expected to hit mandis from next month. Onion production from kharif and later kharif season is expected to be lower by 6 lakh tonnes to 37 lakh tonnes in the current year.

Follow us on:
ADVERTISEMENT