Government to Create 5 Lakh Tonnes Onion Buffer Stock Amid Production Decline
The government plans to buy 5 lakh tonnes of onions to create a buffer stock to control price spikes. Last year's 5 lakh tonne buffer stock still has 1 lakh tonne. NCCF and NAFED will handle procurement. The subsidized sale of onions from the buffer stock has helped control prices. A decision on lifting the onion export ban, currently in place till March 31, will be made later this month....