India increases onion buffer stock to 300,000 tons
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게시됨 2023년 4월 8일
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The federal government in India will hold 300,000 tons of onions as a buffer stock in the 2023/24 season. In 2022/23, the government kept 250,000 tons. The buffer is held to meet any emergencies and to stabilize prices if prices rise significantly during the season of scarcity.
원본 콘텐츠
Union Food Minister Piyush Goyal responded on Wednesday: “…in order to stabilize the volatility of onion prices, the government has purchased a record 231,000 tons of onions from the rabi-2022 harvest under the price stabilization fund and released them in the main centers of consumption in September 2022 and January 2023." Stocks purchased are usually released through targeted sales in the open market and also to states ...