To contain rising prices of onion, the Centre will kickstart from Thursday retail sales of the bulb at a subsidised rate of Rs 35 per kg through mobile vans and NCCF retail shops in Delhi-NCR.
Food and Consumer Affairs Minister Prahlad Joshi will launch the retail sale of onion from Krishi Bhawan, an official statement said.
The sale through mobile vans will be undertaken at 38 locations including Krishi Bhawan, NCUI complex, Rajiv Chowk Metro Station, Patel Chowk Metro Station, and parts of Noida, it said.
The market intervention is aimed at improving local supplies and curb rising prices of the key kitchen staple, which is ruling over Rs 60 per kg in the national capital.
NCCF has maintained a buffer stock of onion procured directly from farmers of Maharashtra and Madhya Pradesh.
The same onion will be offloaded for retail sale at a subsidized rate of Rs 35 per kg in order to protect consumers from exorbitant prices and prevent windfall gains for intermediaries.
By directly engaging with farmers and offering onions at a discounted rate, NCCF said it is playing a crucial role in mitigating the impact of price fluctuations on consumers.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)