Nafed to begin onion procurement from 3 mandis in Gujarat from Thursday
New Delhi (PTI): Cooperative Nafed will start procurement of kharif onion in Gujarat from Thursday from three mandis to provide relief to farmers, as prices have crashed in the wholesale markets, according to the Food and Consumer Affairs Ministry.
Nafed will begin onion procurement from Bhavnagar, Gondal and Porbandar mandis in Gujarat from March 9.
More centres will be opened from time to time as required, it said.
"Farmers are requested to bring their good quality and dried stock to the procurement centres to avail better rates at these centres," the ministry said.
Payments to the farmers will be done online, it added.
The ministry said the central government has planned this market intervention in order to give immediate relief to the farmers from crashing prices of onions in the state.
Nafed will procure kharif onion to address the issue of falling prices of onion in Gujarat and this move will provide stability to the onion market in the state, it added.
Onion is grown in all the states, however, Maharashtra is the leading producer with a share of around 43 per cent, Madhya Pradesh 16 per cent, Karnataka and Gujarat contributing around 9 per cent of national production.
The crop is harvested thrice a year during Kharif, Late Kharif and Rabi seasons.
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India moving towards becoming global economic powerhouse: Kovind
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Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.
He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.
The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.
Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.
"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.
The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.
He proposed that a similar event should also be held in New Delhi.
