New Delhi: To control the price of onions, the Government of India has also imposed a stock limit on onions on October 23. This limit is 25 MT for wholesalers and 2 MT for retailers. Potato and onion prices are skyrocketing in the country. Due to which the BJP government at the center is being targeted by the opposition parties.
The central government is resorting to Bhutan to reduce the prices of potatoes and onions. Minister for Railways, Commerce and Industry Piyush Goyal said that 30,000 tonnes of potatoes are being imported from Bhutan to increase domestic supply of potatoes and bring prices under control. While 7,000 tonnes of onions have been imported, another consignment of 25,000 tonnes is likely to arrive before Diwali.
Goyal further said that the price of onion has been stable for the last one week due to the recent steps taken by us. At present, the average price remains at Rs 65 per kg. We had decided to ban onion exports on September 14. Onion import rules have also been simplified from October 21.
The government has recently imposed a stock limit on onions on October 23 to overcome this situation. This limit is 25 MT for wholesalers and 2 MT for retailers. Three days will be given separately for grading and packing of onions. At the same time, onions are being transported to every corner of the country by farmer rail. The government has also banned the export of onion seeds.
Onions have also been given to the states from the buffer stock. The government has fixed a quota of 10% on 1 million metric tonnes of potatoes on import duty. The government has implemented this quota till January 31, 2021. At present, the average price of potato is close to Rs 42. The rule of import of potatoes has been simplified.
