Onion price government imposes stock holding limit traders to check prices

Image Source : FILE PHOTO

Government imposes stock holding limit on onion traders to check prices.

The government has imposed a stock holding limit on onion traders to check prices, the Consumer Affairs Secretary Leena Nandan mentioned on Friday. On Thursday, involved over the rising price of onions, the Centre relaxed the norms for import of onions whereas deciding to launch the crop from the buffer stock in a calibrated method.

The government has constructed a buffer stock of onions from the Rabi season this 12 months. In order to reasonable prices, onion from the buffer stock is being launched in a calibrated method from the second half of September to the most important mandis and retail suppliers comparable to Safal, Kendriya Bhandar and NCCF and in addition to the state governments, the Centre mentioned whereas including that extra can be carried out within the coming days.

Meanwhile, to facilitate the import of onions, the government has relaxed the circumstances for fumigation and extra declaration on Phytosanitary Certificate below the Plant Quarantine Order, 2003 for import up to December 15 this 12 months.

ALSO READOnion prices skyrocket to Rs 100 per kg in Kerala; Centre relaxes import norms

“The Indian High Commissions have been instructed in the relevant countries to contact the traders for pushing for greater imports of onions to the country. Such consignments of imported onions which arrive in Indian ports without fumigation and endorsement to that effect on the PSC, would be fumigated in India by the importer through an accredited treatment provider,” the government mentioned in an announcement.

However, an enterprise can be obtained from the importers that the onion can be used just for consumption and never for propagation. Such consignments of onions for consumption won’t be subjected to 4 instances extra inspection payment on account of non-compliance of circumstances of import below the PQ order, 2003.

(With inputs from IANS)

Latest Business News

Fight towards Coronavirus: Full protection


Back to top button