Farmers briefly halt onion auctions at Lasalgaon APMC after dip in prices

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Farmers briefly halt onion auctions at Lasalgaon APMC after dip in prices - Business Standard

Quick Summary:

Angry over the drop in onion prices, farmers on Thursday briefly stopped auctions at the Lasalgaon APMC, the country's largest wholesale market of the key kitchen staple in Maharashtra's Nashik district.

However, as the prices dropped drastically at the Lasalgaon Agriculture Produce Market Committee (APMC), onion farmers stopped the auctions and registered their protest on Thursday, the officials said.

The farmers demanded removal of the 20 per cent export duty on onions and an aid of Rs 1,000 to Rs 1,200 per quintal of the produce, the APMC officials said.