Retail onion prices touch Rs 140/kg mark in some cities : The Tribune India

Join Whatsapp Channel

Retail onion prices touch Rs 140/kg mark in some cities

NEW DELHI: Pinching hard on consumers’ pockets, retail onion prices have surpassed the Rs 100 per kg mark in most cities across the country and in some places it is ruling at Rs 140/kg, as per the official data maintained by the Consumer Affairs Ministry.

Retail onion prices touch Rs 140/kg mark in some cities

Onion prices have been ruling high for past few weeks due to fall in production of the kharif crop following unseasonal rain in key growing states, including Maharashtra.



New Delhi, December 6

Pinching hard on consumers’ pockets, retail onion prices have surpassed the Rs 100 per kg mark in most cities across the country and in some places it is ruling at Rs 140/kg, as per the official data maintained by the Consumer Affairs Ministry.

Onion prices have been ruling high for past few weeks due to fall in production of the kharif crop following unseasonal rain in key growing states, including Maharashtra.

The price of onion was ruling at around Rs 120/kg in Mumbai, Chennai and Kolkata, while it was around Rs 100/kg in Delhi on Friday, as per the ministry’s latest data.

The key kitchen staple was quoting high in the tier II and tier III cities as well.

The average price of onion in the retail markets was ruling at Rs 110/kg, while the maximum rate was ruling at Rs 140 per kg at Port Blair on Friday, the data showed.

To boost supply and contain price rise, the government has contracted over 21,000 tonnes of imports through state-run MMTC and the shipments are expected to arrive mid-January. The tender and fumigation norms have also been eased to facilitate early arrival of imported onions.

Among other measures, the government has already banned export of onion, imposed stock limits on traders and is also supplying buffer stock at a cheaper rate.

Traders and experts are of the view that onion prices will continue to remain firm till January when new late kharif crop will start hitting the market. PTI

Top News

Lok Sabha elections: Voting begins in 21 states for 102 seats in Phase 1

Lok Sabha elections 2024: Over 62 per cent voter turnout in Phase-1 amid sporadic violence Lok Sabha elections 2024: Over 62 per cent voter turnout in Phase-1 amid sporadic violence

Minor EVM glitches reported at some booths in Tamil Nadu, Ar...

Chhattisgarh: CRPF jawan on poll duty killed in accidental explosion of grenade launcher shell

Chhattisgarh: CRPF jawan on poll duty killed in accidental explosion of grenade launcher shell

The incident took place near Galgam village under Usoor poli...

Lok Sabha Election 2024: What do voting percentage and other trends signify?

Lok Sabha elections 2024: What do voting percentage and other trends signify

A high voter turnout is generally read as anti-incumbency ag...


Cities

View All