Onion prices in city soar
The pink vegetable was being sold at exorbitant prices of Rupees 80 or 85 depending upon the quality in the retail markets of the city.
The pink vegetable was being sold at exorbitant prices of Rupees 80 or 85 depending upon the quality in the retail markets of the city.
The prices of onions have come down to Rs 60-70 from its peak of Rs 160 per kg.
Considering the boost in supply, the traders are not now considering import of the vegetable from the countries of Iran and Afghanistan.
Overall, wholesale vegetable prices in November rose 45.32 per cent against a rise of 38.91 per cent.
On Wednesday evening at around 8 pm, former Finance Minister P Chidambaram walked out of the Tihar jail and met Congress president Sonia Gandhi at her residence.
This is the second import order placed by the MMTC and the public sector firm is already importing 6,090 tonnes from Egypt.
Prices of onions in the past two days have shot up to Rs 100 per kilogram in several districts of Uttar Pradesh including Prayagraj, Pratapgarh, Bhadohi, Barabanki and Gonda.
Meanwhile, to give relief to consumers from high prices, the central government is offloading 50,000 tonnes of buffer stock of onion across the country.
The Centre is taking several steps to boost supply, still the onion prices are on the upward swing.
The constant fall in prices and subsequent lower remuneration in the past few weeks has led to outbursts and protests where farmers have thrown tonnes of onions on roads, while one farmer made national news by sending his meagre returns to Prime Minister Narendra Modi.
