Union Minister Piyush Goyal reassured the farmers on Tuesday that the government will initiate the purchase of the additional 2 lakh tonne onions for the buffer stock from onion farmers in Maharashtra, Madhya Pradesh, Gujarat, and other areas. The minister informed the farmers that they will be provided appropriate remuneration for their produce and the government will purchase the onions at Rs 2,410 per quintal.
Goyal added, “From 11 am today, NCCF and NAFED will begin the purchase of 2 lakh more tons of onion from Nashik, Pimpalgaon, Lasalgaon, Ahmednagar and the entire region. More purchases will be made in future if needed,” stressing that the farmers don’t need to be concerned about the export duty, reported ANI.
On Monday, Union Minister Bharti Pawar also stated that the government will not allow onion prices to crash. Amidst a protest by farmers and traders against the 40 per cent export duty on onions, the minister stated that with the growing demand for onions, the farmers don’t need to be concerned as the government will adhere to it’s ‘people first’ policy.
Also Read : 'Those Who Can't Afford Onions...': Maharashtra Minister's 'Solution' To Rising Price Of Kitchen Staple
Pawar noted that the imposition of export duty has been done to maintain a demand and supply balance and the government has increased it’s buffer stock limit of onions to 5 lakh tonne. She further added that the decision to increase the buffer stock has been taken to help provide relief to the public from surging prices and authorising NAFED to procure the additional 2 lakh tonne onions for the buffer has been done to allow the farmers to receive remunerative prices, reported PTI.
Maharashtra’s Deputy Chief Minister Devendra Fadnavis also assured the onion farmers in the state to not worry about their produce on Tuesday, reported ANI. He said, “ I had a telephonic conversation with Union Home Minister Amit Shah and Union Minister Piyush Goyal from Japan. Centre has decided to purchase 2 lakh metric tons of onion.” Fadnavis assured the farmers that the Centre has set up special purchase centres for onion producers of the state and it will purchase the onions from the farmers at the price of Rs 2,410 per quintal.
Notably, farmers and traders halted onion auctions in Agriculture Produce Market Committees (APMCs) in Nashik, Lasalgaon, and some other regions in Maharashtra on Monday amidst demands of a rollback of the export duty.
Further, the NCCF Chairman, Vishal Singh, confirmed on Tuesday that the NCCF has already opened centres in Maharashtra and two more will be opened in Madhya Pradesh, tweeted ANI.
The government announced a 40 per export duty on onions last week to maintain the domestic supply and keep a tab on the onion prices. The export duty, the first ever on onions, will be in force till December 31.
Also Read : Stock Market Today: Sensex And Nifty Trade Flat Amid Volatility. IT Drags; Jio Financial Slips 5 Per Cent