Branch² Intelligence
Govt Hikes Onion Procurement Price By 13% To Rs 2,125/Quintal, 5th Revision This Season
Key takeaway
Indian government hikes onion procurement price by 13% to ₹2,125/quintal, the fifth revision this season.
- Step 1Government hikes onion procurement price by 13% to ₹2,125/quintal.
- Step 2Onion farmers receive higher prices, boosting rural income and consumption.
- Step 3Onion-dependent food processors and QSRs face higher input costs, squeezing margins.
Source: IN:NDTV Profit
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