ClearMainsCurrent Affairs
GS3 · Economy4 Jul 2026 · PIB
Government raises onion procurement price by 13% to ₹2,125 per quintal, ensuring better returns for onion farmers and strengthening buffer procurement
The Indian government has increased the procurement price of onions for its Price Stabilisation Buffer from ₹1,875 per quintal to ₹2,125 per quintal, aiming to support farmers and ensure adequate onion supplies despite normal production levels.
Read source at PIB →Prelims Practice MCQs
What is the new procurement price for onions for the Price Stabilisation Buffer?
- A.₹1,875 per quintal
- B.₹2,000 per quintal
- C.₹2,125 per quintal
- D.₹3,000 per quintal
The text states the new procurement price is ₹2,125 per quintal.
What percentage increase did the onion procurement price see?
- A.10%
- B.13%
- C.25%
- D.30%
The text states the price increase was 13%.
What is the estimated onion production for the year 2025-26 according to the Department of Agriculture & Farmers' Welfare?
- A.307.37 lakh metric tonnes (LMT)
- B.310 LMT
- C.320 LMT
- D.350 LMT
The text states the estimated production is 307.37 lakh metric tonnes (LMT).