Published 13:58 IST, November 19th 2019
Govt official: Pvt traders place onion import orders; 1,000 tonnes expected by month-end
Private traders have placed orders for importing onions and at least 1,000 tonnes are expected by month end, which will help ease retail prices
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Private traders have placed orders for importing onions and at least 1,000 tonnes are expected by month-end, which will help ease retail prices that are still ruling high at over Rs 60/kg, a senior government official said on Tuesday, November 19.
The retail prices of onion had soared to Rs 100/kg a week back in the national capital, but the government's various interventions helped it to cool down a bit, but the rates are still ruling high at over Rs 60/kg in Delhi as well as other consuming areas of the country.
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"Private traders have informed the government that they have imported a small quantity of onion. Traders are expected to order further 1,000 tonnes for delivery by month-end and another lot for next month," a senior Consumer Affairs Ministry official told PTI.
The shipments will come smoothly as the government has liberalised phytosanitary and fumigation norms for import of onion till December-end, the official added.
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To improve domestic availability and contain price rise, the government is facilitating onion imports through private as well as public trading agencies. The government has decided to import 1 lakh tonnes of onion through state-run MMTC, which has already invited bids for import of 4,000 tonnes.
Onion prices came under pressure due to a 30-40 per cent estimated to fall in the Kharif (summer) output this year on account of floods and drought.
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Besides easing norms for import, the government has taken several measures including a ban on exports, stock limits on traders and sale of the commodity stored as a buffer, at a subsidised rate.
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13:46 IST, November 19th 2019