Centre to commence rabi onion procurement promptly

Centre to commence rabi onion procurement promptly/Bloomberg

VoM News Desk | March 26, 2024 | 11:21 PM IST | Breaking News, India | Follow on Google News

Centre to commence rabi onion procurement promptly

Centre to commence rabi onion procurement promptly

The Centre initiates the procurement of 500,000 tonnes of rabi onions ahead of schedule to build buffer stock and support farmers amidst export ban concerns.

Procurement agencies Nafed and NCCF will purchase 250,000 tonnes each directly from farmers to ensure fair prices amid export restrictions.

Importance of Rabi Onions

Rabi onions play a crucial role in maintaining year-round availability, accounting for a significant portion of annual production and boasting a longer shelf life compared to other varieties.

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