Close Menu

    Subscribe to Updates

    Get the latest news information from worldwide businesses.

    What's Hot

    Yash Raj Films makes first bet on vertical entertainment with Rusk Media investment

    June 29, 2026

    I don’t fear death, will return to Bangladesh this year: Former PM Sheikh Hasina | India News

    June 29, 2026

    Family sues Austin BBQ restaurant after decayed pecan tree kills dad of 4

    June 29, 2026
    Facebook Instagram YouTube LinkedIn X (Twitter)
    Trending
    • Yash Raj Films makes first bet on vertical entertainment with Rusk Media investment
    • I don’t fear death, will return to Bangladesh this year: Former PM Sheikh Hasina | India News
    • Family sues Austin BBQ restaurant after decayed pecan tree kills dad of 4
    • Wardlow drops a cryptic post during AEW Forbidden Door 2026
    • Vitamin C levels in blood plasma linked with brain connectivity and volume in older adults: Study
    • HDFC Bank likely to reappoint Sashidhar Jagdishan as CEO for third term
    • India-Seychelles conclude umbrella line of credit agreement worth Rs 1250 crore
    • PM Modi creates history with twin firsts | India News
    Newspublicly
    • About Us
    • Advertise & Partner with us
    • Pitch Your Story
    • Contact Us
    Facebook Instagram LinkedIn X (Twitter)
    Subscribe
    • Home
    • World News
      • Asia
      • India
      • USA
      • UK & Europe
      • Middle East
    • Economy & Business
      • Global Economy
      • Corporate & Industry
      • Finance & Markets
      • Policy & Trade
    • Technology
      • Gadgets & Devices
      • Software & Apps
      • AI & Machine Learning
      • Robotics & Automation
    • Health & Medicine
      • Fitness & Nutrition
      • Research & Innovation
      • Disease & Treatment
      • Doctors, Clinics & Patient Care
    • Travel & Tourism
    • Automobile
      • Electric & Hybrid Vehicles
      • Auto Industry Insights
    • Sports
    • More
      • Education
      • Real Estate
      • Environment & Climate
      • Space & Astronomy
      • War & Conflicts
    Newspublicly
    Home»Economy & Business»Policy & Trade»Govt hikes onion procurement rate to Rs 16.5 per kg from Saturday to help farmers
    Policy & Trade

    Govt hikes onion procurement rate to Rs 16.5 per kg from Saturday to help farmers

    AdminBy AdminJune 12, 2026No Comments2 Mins Read0 Views
    Share
    Facebook Twitter LinkedIn Copy Link WhatsApp


    The government has raised the onion procurement price under its buffer stock programme to Rs 16.50 per kg with effect from Saturday, from Rs 15.80 per kg currently, as part of its efforts to boost farmers’ income.

    Farmers in Maharashtra are seeking a procurement rate of Rs 30 per kg in view of high input costs in the state, the country’s largest onion-producing region.

    The buffer stocks are maintained annually under the Price Stabilisation Fund (PSF) for market intervention purposes. The government has set a procurement target of 2 lakh tonnes for the year, down from 3 lakh tonnes procured in 2025-26.

    Union Food and Consumer Affairs Minister Pralhad Joshi chaired a meeting on Thursday with officials from the Department of Consumer Affairs to strengthen onion procurement and ensure better returns for our farmers.

    “Based on prevailing mandi prices and quality requirements for storage-grade onions, the Minimum Assured Procurement Price (MAPP) has been revised to Rs 1,650 per quintal with effect from 13 June 2026,” the minister said in a social media post on Friday.

    ET logo

    Live Events


    The pricing methodology has also been refined to make procurement more responsive to market conditions, he added.

    The Centre had earlier revised the price to Rs 15.80 per kg from Rs 12.70 per kg, citing market dynamics and the need to protect farmers.Onion procurement for the current season commenced on May 15.

    Onion output is estimated at 307.37 lakh tonnes in 2025-26 as compared to 307.67 lakh tonnes in 2024-25, as per the latest government data.

    Earlier this week, farmers in Maharashtra demanded a minimum procurement price of Rs 3,000 per quintal (Rs 30 per kg).

    They claimed the procurement rate of around Rs 1,580 per quintal offered by the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and National Cooperative Consumer’s Federation of India (NCCF) was lower than prevailing market expectations and inadequate to cover cultivation costs.

    “Norms have been relaxed, but farmers are still incurring losses. The real question is when onion prices will increase,” Maharashtra State Onion Growers Association’s Nashik district president Jaydeep Bhadane had said on Sunday.



    Source link

    Author

    • Admin

      NewsPublicly.com is News & Articles Platform that creating SEO-focused articles on travel, lifestyle, and digital trends.

    Admin
    • Website

    NewsPublicly.com is News & Articles Platform that creating SEO-focused articles on travel, lifestyle, and digital trends.

    Related Posts

    India-Seychelles conclude umbrella line of credit agreement worth Rs 1250 crore

    June 29, 2026

    AI investment boom may fuel financial risks: BIS

    June 28, 2026

    Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of Economics

    June 28, 2026
    Leave A Reply Cancel Reply

    Demo
    Top Posts

    The Blue Moon rises on May 30— Where and when to see the second full moon of the month

    May 30, 202640 Views

    New SOCOM rifle allows barrel swapping and cartridge changes

    June 1, 202633 Views

    “Inside Gemini Robotics 1.5: How Robots Learn to Reason & Act

    November 22, 202525 Views

    525 pounds of cocaine seized after Nebraska K9 alerts troopers on I-80

    May 28, 202624 Views
    Don't Miss

    Yash Raj Films makes first bet on vertical entertainment with Rusk Media investment

    June 29, 20263 Mins Read0 Views

    Film production company Yash Raj Films (YRF) has invested in digital-first entertainment company Rusk Media,…

    I don’t fear death, will return to Bangladesh this year: Former PM Sheikh Hasina | India News

    June 29, 2026

    Family sues Austin BBQ restaurant after decayed pecan tree kills dad of 4

    June 29, 2026

    Wardlow drops a cryptic post during AEW Forbidden Door 2026

    June 29, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • YouTube
    • LinkedIn
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    NEWSPUBLICLY
    Facebook X (Twitter) Instagram LinkedIn

    Home

    • About Us
    • Leadership
    • Advertise & Partner With Us
    • Pitch Your Story
    • Media Kit & Pricing
    • Career
    • FAQs

    Guidelines

    • Editorial & Submission
    • Partnership
    • Advertising & Sponsor
    • Intellectual Property Policy
    • Community & Comment
    • Security & Data Protection
    • Send Your Opinion

    Quick Links

    • Cookie Policy
    • Payment & Billing Terms
    • Refund & Cancellation
    • Copyright Policy
    • Complaint & Support
    • Sitemap
    • Contact Us

    Subscribe Us

    Get the latest news and updates!

    Copyright © 2026 Newspublicly (DIGITALIX COMMUNICATION). All Rights Reserved.
    • Privacy Policy
    • Terms of Use
    • Disclaimer