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

Last year, Nafed had purchased a total of 57,000 tonnes of onion from the 2018-19 Rabi (winter) crop under the Price Stabilisation Fund

onions, market, farmers, storage, deregulation, prices
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Onions grown in the Rabi (winter) crop can be stored and have a long shelf life when compared to the one grown in the Kharif season

Press Trust of India New Delhi
National Agricultural Cooperative Marketing Federation of India (Nafed) on Sunday said it has procured 95,000 tonnes of onion directly from farmers at prevailing rates for creating a buffer stock on behalf of the government.

Last year, Nafed had purchased a total of 57,000 tonnes of onion from the 2018-19 Rabi (winter) crop under the Price Stabilisation Fund (PSF). The target this time is to buy 1 lakh tonnes of key kitchen staple from the major producing states.

"We have procured 95,000 tonnes of onion so far for the buffer stock. We will complete the target of 1 lakh tonne in