Nashik: 4,000 Tonnes Of Buffer Onions Released, Yet Retail Prices Continue To Rise
Nashik: Despite the Central Government beginning to release onions from its buffer stock to control rising prices, the expected check on the price surge has not materialised. Over the past ten days, around 4,000 tonnes of buffer onions have been sold across 17 cities. The onions are being made available to consumers at ₹35 per kg through NAFED and NCCF. The Centre has a buffer stock of around…
In Nashik, despite the release of 4,000 tonnes of onion buffer stock by the Central Government, retail prices have continued to rise. Over the past ten days, these onions have been sold across 17 cities at a price of ₹35 per kg through NAFED and NCCF. The government holds a buffer stock of around 1.21 lakh tonnes of onions for 2026.
While onions are being transported from producing states to major consumer markets via trucks and special Onion Express trains, the government's intervention does not seem to have halted the price surge. When the intervention commenced on August 28, the average retail price was ₹48.50 per kg. However, it has since surged to ₹50.79 per kg, despite the release of thousands of tonnes of buffer onions.
In Lasalgaon, another major onion market in Maharashtra, onion prices have once again increased, reaching ₹4,551 per quintal. The government's efforts to release buffer stocks and curb hoarding have not managed to stabilize the market. Meanwhile, farmers are questioning the effectiveness of this intervention, as it primarily benefits consumers rather than farmers. They are calling for a long-term, stable export and marketing policy for onions instead.
Despite the government's efforts, price fluctuations continue in Lasalgaon due to factors such as lower onion arrivals, uncertain weather conditions, and a decline in production.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
