Govt restarts onion procurement at Rs 2,410/qtl in Maha, MP to protect farmers amid export curbs: Piyush Goyal

Govt restarts onion procurement at Rs 2,410/qtl in Maha, MP to protect farmers amid export curbs: Piyush Goyal

The government on Tuesday restarted onion procurement at Rs 2,410 per quintal in Maharashtra and Madhya Pradesh for its buffer stock, to protect the interest of farmers amid export curbs imposed to arrest the rising retail prices of the key kitchen commodity ahead of festival season.

On August 19, the government imposed a 40 per cent export duty on onions to restrict outward shipments and boost local availability amid apprehension about the Kharif output.