Business Standard

Haryana to buy 1,000 tonnes onion from NAFED

Image

Press Trust of India Chandigarh
Haryana government today said it will purchase 1,000 tonnes of onion from cooperative NAFED at a price not exceeding Rs 30 per kg.

Chief Minister Manohar Lal Khattar directed state-owned Hafed to place an indent with National Agricultural Cooperative Marketing Federation of India (Nafed) for the purchase of 1,000 tonnes of onion at a rate not exceeding Rs 30 per kilogram.

While stating this here today, an official spokesman said that the Chief Minister has also approved a number of decisions to check the increasing prices of onions and regarding its import.

He said it has been decided that onions would be distributed at the rate of Rs 35 per kilogram through Hafed co-operative societies and milk booths of Dairy Development Department.
 

The stock limit for onion would be imposed immediately after taking prior approval from Government of India.

It has also been decided that Hafed would create a Price Stabilization Fund (PSF) to control increase in prices of essential commodities for which the Government of India (GOI) has created a corpus fund of Rs 500 crore.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 28 2015 | 8:22 PM IST

Explore News