Government Raises Onion Procurement Rate To Support Farmers
CNN Central News & Network-ITDC India Epress/ITDC News Bhopal: In a significant relief measure for onion growers, the Central Government has increased the procurement price of onions to ₹16.50 per kilogram with effect from June 13. The decision aims to protect farmers from declining market prices and ensure they receive a fair return for their produce during the peak arrival season. The revised procurement rate is expected to provide direct support to thousands of onion farmers across major producing states.
The move comes amid concerns over fluctuating onion prices and the financial challenges faced by growers due to increased production costs and market volatility. By raising the procurement rate, the government seeks to stabilize farmer incomes while maintaining an adequate buffer stock to manage future supply and price fluctuations in the retail market.
Officials stated that the enhanced procurement price will be implemented through designated government agencies responsible for purchasing onions directly from farmers. The measure is also expected to reduce distress sales and strengthen confidence among cultivators during the ongoing marketing season.
Agriculture experts believe the decision will help improve price realization for farmers and contribute to greater stability in the onion supply chain. Onion is one of India's most important vegetable crops, and its prices often have a significant impact on both farmer earnings and consumer inflation.
The government reiterated its commitment to safeguarding farmers' interests through timely market interventions and procurement policies. The revised rate is expected to provide immediate financial support while promoting sustainable agricultural growth and rural economic stability.
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