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MMTC to procure 6,090 tonne onion
Public sector trading firm MMTC has contracted to procure 6,090 tonnes of onion imports to boost domestic supply and ease prices, according to sources.
New Delhi: Public sector trading firm MMTC has contracted to procure 6,090 tonnes of onion imports to boost domestic supply and ease prices, according to sources.
Last week, the Union Cabinet decided to import 1.2 lakh tonnes of onions to improve the domestic supply and control prices, which touched Rs 100 per kg earlier this month.
Retail prices are ruling at around Rs 70 per kg in the national capital. Consumer Affairs Secretary A K Srivastava held a review meeting with various states on demand, supply and prices of this key kitchen item.
Sources said it was informed that MMTC has contracted 6,090 tonnes of onion and the consignment from Egypt would reach Mumbai port soon.
While MMTC has been tasked to import onions, cooperative Nafed will supply the key kitchen items in the domestic market.
