Nafed has offloaded 20,000 tonnes of the onions from the government’s reserves in the last three weeks across India with a view to checking the rise in prices, media reports say.
Onion is being disposed of at the ”going market rate” in major cities like Delhi, Patna, Lucknow, Chandigarh, Chennai, and Hyderabad among others.
It is said Nafed has a record onion reserve of 2.50 lakh tonnes to deal with a potential increase in onion prices from August to December- months when prices tend to fluctuate.
Onion procured in April and May is being offloaded at the ”going market rate.