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Nashik: Seventh Onion Procurement Price Hike Raises Grade-A Rate To ₹2,335 Per Quintal

in5points
  1. The Central Government raised the minimum procurement price for Grade-A onions to ₹2,335 per quintal, effective July 30, marking the seventh hike in the current season.

  2. Procurement began at ₹1,350 per quintal and has increased by ₹1,085 per quintal within 90 days.

  3. The revised rates were announced via an official order by the Ministry of Consumer Affairs, Food and Public Distribution.

  4. Procurement of Grade-URS onions has been discontinued from July 30; only Grade-A onions are now eligible under the scheme.

  5. The price increase aims to encourage farmers to sell to NAFED and NCCF centres, providing financial relief and increasing arrivals.

Nashik: Seventh Onion Procurement Price Hike Raises Grade-A Rate To ₹2,335 Per Quintal · in5points