Author: lottiemarchant

Centre’s intervention helps cool off prices of Onion and Tomato

The all-India retail price of tomato has registered a 29% decline over last month as market arrivals improved with the onset of monsoon rains. The retail price of onion is also largely under control at 9% below last year level. The government has built up a reserve stock of 2.50 lakh tons of onion in current year which is the highest ever onion buffer stock procured. The procurement for the buffer has helped in preventing mandi price of onion from crashing this year despite a record production of 317.03 lakh tons reported by Department of ... Read more