Onion Crisis: Will onion make you cry before Holi? Modi government took this step
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Onion Crisis: the whole world right now rising price of onion And facing the problem of diminishing output. Due to the ever-increasing prices, the World Bank had also issued a warning. But, on the other hand, according to Indian producers and traders, onion prices in the country have come down so much that farmers are letting their produce rot instead of selling it. Keeping this problem in mind, the Central Government along with the Ministry of Consumer Affairs took steps. The National Agricultural Cooperative Marketing Federation (NAFED), a state-run agricultural produce trader, asked Nashik, Asia’s largest onion trading centre, to buy and sell the surplus.
Customers are happy with the cheap prices of onions
Cheap onion prices are making consumers happy due to abundance, but farmers say they get anywhere between Rs 1-2 per kg and even Rs 0 after paying commission and local market taxes. Used to be. Onion prices, a staple ingredient of most Indian dishes, are also prone to volatility, with cycles of glut and shortage at this time. When onion is expensive as compared to other commodities then any family is more upset.
Onion is affected due to these reasons
If we talk about some of the main reasons affecting onion cultivation and supply, then bad weather and wrong storage are also included in these. Due to some such reasons, onion supply can turn from surplus to scarce in a few weeks.
Onion sold for Rs 1 kg
Last week, Rajendra Tukaram Chavan, a horticulturist from Solapur, Maharashtra, which is the largest producer of onions, sold 512 kg of onions to a local firm named Surya Trading for Rs 512. As per the bill presented by him, the firm deducted Rs 514 for rent, transport and local levies. All told, Chavan was paid 2 as net receipts.
Onions worth $523.8 million were exported
Talking about the export of onions, the central government said that between April and December 2022, the country has exported onions worth a total of 523.8 million dollars. But, nevertheless, it points to a steep fall in prices amid a fall in exports due to export restrictions over the last two years, said Rahul Chauhan of commodity tracker IGrain.
Government took these steps
Whenever such a problem arises, the government, to prevent exports during shortage, usually sets a rate below which traders cannot export, which is called the minimum export price. Please tell that at present, there are no such solutions. The Modi government had built a record stock of 250,000 tonnes of onions for 2022-23 to deal with a possible rise in prices during the period of recession.
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