Tag: onion price support
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India: Govt raises onion procurement price to INR 2,125/qtl to accelerate buffer stock purchases
Procurement price revised upward by 13.3% to improve farmer participation Open-market prices continue to influence government buying momentum The Centre has increased the onion procurement price under the Price Stabilisation Fund (PSF) to INR 2,125/quintal from INR 1,875/quintal, effective 4 July, in an effort to strengthen buffer stock procurement and offer better price support to…