Concerns rise over low procurement for onion buffer stock

Government efforts to build a buffer stock of onions are lagging significantly, with less than 5% of the target procured despite multiple price hikes. This slow pace raises concerns about market stability and potential hoarding, especially with the upcoming festive season and weather uncertainties impacting the next crop. Farmers are reportedly selling at higher market rates, bypassing government procurement.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.comtimesofindia.indiatimes.comthehindu.comhindustantimes.com