Published: 3 July 2026Press Information BureauEconomy
Government Raises Onion Procurement Price by 13% to Rs 2,125 per Quintal
AQuick answer
The government increased the onion procurement price by 13% to Rs 2,125 per quintal, aiming to improve returns for farmers and strengthen buffer procurement.
Key facts
The price increase is tied to buffer procurement policy.
Buffer operations help manage price volatility in essential commodities.
Onion is politically and economically sensitive because retail price spikes affect consumers.
The exam point is the use of procurement and buffer stocks for market stabilisation.
The government increased the onion procurement price by 13% to Rs 2,125 per quintal, aiming to improve returns for farmers and strengthen buffer procurement.
Exam takeaways: The price increase is tied to buffer procurement policy. Buffer operations help manage price volatility in essential commodities. Onion is politically and economically sensitive because retail price spikes affect consumers. The exam point is the use of procurement and buffer stocks for market stabilisation.
Why it matters: this item connects a dated current-affairs fact with a stable syllabus area, so revise the event together with the institution, scheme or policy mechanism behind it.
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Mains angle
Buffer procurement gives farmers an assured outlet during supply periods and gives the government stocks for market intervention during price spikes. It can moderate volatility, but depends on timely procurement, storage, release strategy and coordination with state markets.
6-axis classification
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Linked questionMedium
Consider the following statements regarding 'Government Raises Onion Procurement Price by 13% to Rs 2,125 per Quintal':
1. The procurement price was increased by 13%.
2. The stated price was Rs 2,125 per quintal.
Which of the statements given above is/are correct?
Explanation · Correct answer C
Statement analysis: The procurement price was increased by 13%. The stated price was Rs 2,125 per quintal. Correct answer is C. Source basis: The government increased the onion procurement price by 13% to Rs 2,125 per quintal, aiming to improve returns for farmers and strengthen buffer procurement.
The government increased the onion procurement price by 13% to Rs 2,125 per quintal, aiming to improve returns for farmers and strengthen buffer procurement.
What should be remembered for prelims?
The price increase is tied to buffer procurement policy.
What is the mains angle?
Buffer procurement gives farmers an assured outlet during supply periods and gives the government stocks for market intervention during price spikes. It can moderate volatility, but depends on timely procurement, storage, release strategy and coordination with state markets.
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