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Business

Govt Boosts Onion Procurement Rate To ₹2,125

The Centre has raised onion procurement price by 13% to ₹2,125 per quintal to support farmers and boost buffer stocks. Procurement by NAFED and NCCF is underway. Production for 2025-26 is estimated at 307.37 LMT, ensuring adequate supply. Prices may rise seasonally, though stocks and mandi arrivals remain strong, with retail prices averaging ₹31 per kg.