Onion traders in Nashik continue to boycott auctions

By: |
Updated: Oct 29, 2020 12:24 AM

Onion traders said they will hold another meeting on Thursday to take a decision on the issue. Traders will also meet the district collector on Thursday.

Daga said traders plan to hold a meeting among themselves before meeting the district collector on Thursday and auctions will remain suspended till the issue is resolved.Daga said traders plan to hold a meeting among themselves before meeting the district collector on Thursday and auctions will remain suspended till the issue is resolved.

Onion traders in Nashik continued to boycott auctions for the third successive day despite a meeting with NCP chief Sharad Pawar on Wednesday.

Onion traders said they will hold another meeting on Thursday to take a decision on the issue. Traders will also meet the district collector on Thursday.

“A meeting was held with Sharad Pawar. He has given us an assurance that he will take up the issue with the Centre and will lead a delegation of farmer and trader representatives to Delhi, Nandkumar Daga, president, Lasalgaon Onion Traders Association, told FE.

Daga said traders plan to hold a meeting among themselves before meeting the district collector on Thursday and auctions will remain suspended till the issue is resolved.

Traders in Nashik have been boycotting onion auctions since Monday in 15 APMCs and four sub-committees in the district.

To contain prices, the Centre had last week imposed the stock holding limit on retail and wholesale onion traders till December 31 to improve domestic availability of the commodity and provide relief to consumers. Retailers can stock up to 2 tonne, whereas wholesale traders are allowed to keep up to 25 tonne.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Maharashtra sugar mills owe Rs 351.5 cr in FRP dues to farmers
2High-priced Punjab seeds push potato production costs in West Bengal
3India’s crude steel output rises 0.9 per cent to 9 MT in October: World Steel Association