Onion procurement price hiked 6th time this season

The Union government raised the Minimum Assured Procurement Price (MAPP) for onions in Maharashtra to ₹2,335 per quintal, effective July 30, marking the sixth hike this season.

Procurement of Grade-URS onions is discontinued, making only Grade-A quality onions eligible for procurement.

Government agencies have procured about 105,000 tonnes of onions so far against the 300,000-tonne buffer stock target for 2026-27.

Average retail onion prices in India stood at ₹35 per kg on July 29, about 20% higher than a month ago and 25% above the level a year earlier.

The buffer stock, maintained under the Price Stabilisation Fund, is used to release onions into the market during the lean supply period from September to November to curb price spikes.