Govt raises onion buffer stock procurement price 24 pc to Rs 15.80/kg
New Delhi, Jun 1 (PTI) The government has raised the procurement price for onions under its buffer stock programme by 24.4 per cent to Rs 15.80 per kg from Rs 12.70 per kg, citing market dynamics and the need to protect farmers. “We increased the procurement price of onion to Rs 15.80 per kg from Rs 12.70 per kg,” said Anupam Mishra, Additional Secretary, Ministry of Food and Consumer Affairs, at an inter-ministerial briefing on Monday. Onion procurement for the current season commenced on May 15, with the revised price notified on May 22. The buffer stocks are maintained annually