Maharashtra govt approves to extend subsidy on Onion

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The Maharashtra government had announced subsidy on Onion sold from November 1 to December 15, due to the drop in Onion prices. However till date, Onion prices continue to remain below Rs 600 per quintal. Therefore, as per the demand raised by farmers, government has approved to extend the subsidy of Rs 200 per quintal till December 31, 2018.

Average prices in the wholesale markets of Nashik, the largest Onion growing belt in Maharashtra has been in the range of Rs 533-539 per quintal. Surplus Onion in the markets has led to the dip in prices.


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On a daily basis, some 23,510-25,780 quintals of Onion arrive in Lasalgaon, the largest wholesale Onion market in the country. 

Modal prices of summer Onions had dipped below Rs 170 per quintal due to the glut in the market, caused by heavy arrivals of the new kharif Onion even as old stocks of summer Onions which are yet to be exhausted.

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