#onion import

Govt to sell onion buffer inventory, relax import rules

The authorities will sell extra onion from its buffer inventory and has allowed faster imports by enjoyable circumstances for abroad purchases, the buyer affairs ministry stated on Thursday, as retail costs crossed ₹100 per kg in Mumbai and Pune in a festive-season spiral.

The central authorities has relaxed the Plant Quarantine Order, 2003, permitting merchants to…

With onion prices skyrocketing, traders from Tiruchi wholesale market, which is one of the largest in Tamil Nadu, have imported 30 tonnes of onion. The import has brought down prices to Rs 100 per kg at the market, which caters to five districts. In other parts of the state, prices range from Rs 140-160.

According to the traders, there may not be further imports as margins are set declining due to increased arrivals from Perambalur, Tiruchi and Namakkal districts.

Major wholesale markets in Tamil Nadu are dependent on onions from Bellary and Nashik, apart from procurement from neighboring districts, where rains destroyed 75 percent of crops this year. According to local media reports, the crop is raised on over 8,000 hectares in Perambalur district and on about 4,000 hectares in the Tiruchi district. Traders say arrivals from these districts have plunged to 25 bags daily from 500, earlier.