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Union Agriculture Minister Narendra Singh Tomar:

Indian government to release 100,000 tonnes of onion buffer stock to combat price hike

Union Agriculture Minister Narendra Singh Tomar has stated that the federal government will release 100,000 tonnes of buffer stock of onions. The minister said: “The government has already taken cognisance of the issue of rising prices of onions and its 100,000 lakh tonnes of buffer stock is being released through NAFED,” Tomar said. “We had imposed a ban on the export of onion from the country well in time and opened routes for its import,”

Referring to Congress’s protests on new farm laws, Tomar accused the opposition party of having double standards. “In its 2019 Lok Sabha poll manifesto, the Congress had promised to make trade free of regulations. It had also said that it would encourage inter-state trade, discontinue the Agriculture Produce Marketing Committees (APMCs), give encouragement to contract farming and end the Essential Commodities Act,” he said.

“But it was unable to do these things because of pressure from middlemen. The BJP-led government framed new laws for agriculture reforms. Therefore, the Congress is now suffering from stomach ache,” Tomar alleged.

Source: financialexpress.com


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