Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Onion buying at market rates to boost buffer
Financial Express Lucknow
|May 13, 2025
The government will soon commence procurement of onion from farmers at market prices for creating a buffer for 2025-26 under the price stabilisation fund.
THE GOVERNMENT WILL soon commence procurement of onion from farmers at market prices for creating a buffer for 2025-26 under the price stabilisation fund.
Sources told FE that the target is to buy 0.3 MT of onion for the buffer which would be offloaded in the market, when prices start to spike in festive seasons.
The sources said that currently the storage facilities of shortlisted cooperative societies and farmers producer organisations (FPOs) are being checked by agencies—farmers cooperative Nafed and NCCF—for adherence to various protocols, including provision of CCTV cameras and other facilities for ensuring transparency in the procurement and storage process.
While a major chunk of onion would be purchased in Nashik, Maharashtra, purchase operations would be carried out in Pune and Ahmednagar districts along with few places in Madhya Pradesh and Gujarat.
This story is from the May 13, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
Delhi govt, pvt offices to enforce 50% WFH due to high pollution
DELHI GOVERNMENT OFFICES and all private establishments in the city will function with 50% staff strength, and the rest will work from home under stage three of the Graded Response Action Plan (GRAP) in view of high air pollution levels, according to an order issued on Monday.
2 mins
November 25, 2025
Financial Express Lucknow
Data show room exists for rate cut: RBI guv
RESERVE BANK OF INDIA (RBI) Governor Sanjay Malhotra said on Monday that the current economic indicators suggest there is a scope for repo rate cut, but a decision on it will be made by the Monetary Policy Committee (MPC).
1 min
November 25, 2025
Financial Express Lucknow
S&P pegs India GDP growth at 6.5% in FY26
S&P GLOBAL RATINGS on Monday said India’s economy may expand by 6.5% in the current fiscal and 6.7% in FY27, citing tax relief measures and monetary policy easing as key boosters for consumption-driven growth.
1 min
November 25, 2025
Financial Express Lucknow
Govt readies reforms push in Parliament
THE CENTRE PLANS to push through a dozen major Bills in the upcoming Winter Session of Parliament to speed up reforms and boost investments.
1 min
November 25, 2025
Financial Express Lucknow
Air India to induct 26 new planes in 2026, says CEO
AIR INDIA GROUP expects 2026 to be the most visible phase of its ongoing overhaul, even as its overall capacity will remain largely unchanged next year due to a simultaneous induction of new aircraft and exit of older ones.
1 mins
November 25, 2025
Financial Express Lucknow
Distribution biz augmenting brokerage operations’
Young investors should adopt a long-term investment mindset to build sustainable wealth, CJ George, chairman and managing director at listed-brokerage Geojit Financial Services, tells
2 mins
November 25, 2025
Financial Express Lucknow
'New labour codes unlikely to disrupt IT sector hiring'
Indian enterprises are navigating a decisive moment in regulation, says Sindhu Gangadharan, MD of SAP Labs India and chairperson of Nasscom. In a conversation with Ayanti Bera, she explains how the new labour codes won't disrupt hiring in the IT sector and how domestic firms have been proactive on data privacy, sovereignty, and are ahead of the curve in adopting AI. Excerpts:
2 mins
November 25, 2025
Financial Express Lucknow
Colgate steps up premium play as demand rebounds
ORAL CARE MAJOR Colgate-Palmolive India is sharpening its focus on premiumisation as urban markets show early signs of recovery, industry executives in the know said.
1 mins
November 25, 2025
Financial Express Lucknow
Capex cycle stages strong revival in FY26: CareEdge
INDIA'S CAPITAL EXPENDITURE landscape is witnessing a broad-based revival, with improvements across the public and private sectors, setting the stage for sustained economic momentum in FY26 and beyond, CareEdge Ratings said in a report.
1 mins
November 25, 2025
Financial Express Lucknow
Honasa bets on core segments
AIMS TO LIFT SALES CONTRIBUTION TO 85-90% & EXPAND EBITDA BY 100 BPS
1 mins
November 25, 2025
Listen
Translate
Change font size