Govt left with 25,000 tonnes of buffer onion stock, says Nafed's Chadha

The government is left with about 25,000 tonnes of onion stock in its buffer that will get exhausted in the first week of November, cooperative Nafed Managing Director Sanjeev Kumar Chadha said on Friday.

Currently, Nafed is offloading onion buffer stock in the market to boost domestic availability and check onion prices which surpassed Rs 75 per kg in some parts of the country in the last few weeks.

This buffer stock of onion is created and maintained by Nafed on behalf of the government to be used for interventions in times of onion crisis. For the current year, the cooperative purchased