Maharashtra: As wholesale prices dip, surplus onion in markets adds to woes of growers

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On December 20, in view of the drastic drop in onion prices, the state had announced a package, which would entitle the farmer for a subsidy of Rs 200 per quintal of onion sold. Farmers who had sold their onion between November 1 and December 15 were eligible for it with individual quantity being capped at 200 quintals.
The fresh crisis, Jaydutt Holkar, chairman of Lasalgaon market, said was the failure of the market to absorb the large arrivals. “Kharif and late kharif arrivals have happened at the same time. Old rabi stock still remains, pulling down the wholesale prices.” Exports, Holkar admitted, had failed to ensure better prices for the farmers. see more