February 9, 2025

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Nafed procures 95,000 tonnes of onion to create buffer stock

National Agricultural Cooperative Promoting Federation of India (Nafed) on Sunday said it had procured 95,000 tonnes of onion instantly from farmers at prevailing fees for generating a buffer stock on behalf of the govt.

Final 12 months, Nafed had ordered a whole of 57,000 tonnes of onion from the 2018-19 Rabi (winter season) crop underneath the Cost Stabilisation Fund (PSF). The target this time is to acquire one lakh tonnes of necessary kitchen staple from the big producing states.

“We have procured 95,000 tonnes of onion so considerably for the buffer stock. We will entire the target of one lakh tonne in the subsequent 2-3 days,” Nafed Additional Controlling Director S K Singh explained to PTI.

Onions developed in the Rabi (winter season) crop can be saved and have a lengthy shelf existence when as opposed to the just one lifted in the Kharif year.

The Rabi onions have been procured generally from Maharashtra, Madhya Pradesh and Gujarat by means of farmers producers group (FPO) and cooperative societies as properly as direct order centres, he said.

Singh also said, “Onions have been procured at an typical free price of ₹10-11 for every kg.”

The cooperative has additional its personal operational storage potential for onions in Maharashtra and Madhya Pradesh by thirty,000 tonnes, with the aid of condition governments.

Final thirty day period, Nafed had approached condition governments to send their demands of lean months in progress to guarantee timely evacuation of the saved onion in a planned manner to have a salutary impact on retail rates, which tend to go up in the period of time late August to November.

This will enable in slicing the storage losses, as lengthy length of storage entails higher storage reduction to the extent of 35 for every cent, which gets compounded because of to adverse temperature problems, as noted very last 12 months. Besides onion, Nafed is procuring pulses for buffer stock.