Agriculture — India to release onion buffer stock from September to curb festive season prices

The Indian government will begin a calibrated release of onions from its buffer stock in September to stabilize prices ahead of the high-demand festive season. The move is a response to rising onion prices, which saw the all-India average retail price climb 22.2% year-on-year to ₹34.51 per kg by mid-July. The government aims to procure 200,000 tonnes for the buffer and recently increased the procurement price by 13%.