SME Times News Bureau | 21 Aug, 2019
Department of Consumer Affairs (DoCA) reviewed
the price situation of Onion in Delhi in a High Level meeting chaired by the
Secretary, DoCA Shri Avinash K. Srivastava with all the concerned stakeholders
including MD NAFED, MD NCCF,Safal,and others.
Onions for retailing by Safal is being made
available at present from the government stock built under Price Stabilisation
Fund (PSF). It was decided that retail priceof onion at Safal would not
be allowed to exceed Rs 23.90/- per kg (for Grade A variety) i.e., theprice
prevailing at their outlets as on 21st August, 2019.
For this, Safal will continue to receive onions
from the government buffer at the same rate at which it was offered on 21st
Safal was also asked to double the quantity of
its retailing operations for onions. NAFED and NCCF were also directed to retail
onions at prices similar to that of Safal through their outlets and mobile
Further, onions from the government buffer would
be offered at cost price to large retailers for supplies to public at
reasonable prices. The price situation would be monitored regularly by the
department for appropriate intervention.
Government will also consider strict action
against hoarding and profiteering activities and evaluate the need for imposing
minimum export price (MEP) on onion if the situation so demands.