Due to the hike, the Central Government must constantly endeavour to maintain a balance between supply and demand in order to regulate onion prices.
Digital Desk: After tomatoes, it is now onions that are burning a hole in the pockets of consumers during the festive season. The prices of onions in the retail market have doubled in the past week, going from Rs 30-35 per kg to Rs 60-80 per kg during the festive season.
Due to the hike, the Central Government must constantly endeavour to maintain a balance between supply and demand in order to regulate onion prices. In order to give people access to affordable onions during festivals, the national government has now begun offering onions for sale in cities at a discounted price of Rs 25 per kilogram.
The national government is selling onions at a discounted price of Rs 25 per kg with the aid of buffer stock. In order to do this, onion sale stalls have been set up at more than 170 cities marketplaces and 685 centres. Two lakh tonnes of onions have been bought separately for this purpose. These locations sell inexpensive onions to customers.
Discounted onions are now being sold via mobile vans at 71 locations in Delhi-NCR, Jaipur (22), Ludhiana (12), Varanasi (10), Rohtak (6), and Srinagar (5) by the National Cooperative Consumers Federation (NCCF) of India. Mobile vans are currently being used in Bhopal, Indore, Bhubaneswar, Hyderabad, and Bangalore for the retail sale of reduced onions.
The government has admitted that the arrival of fresh onion crops from Karnataka, Maharashtra, and Andhra Pradesh next week may result in a price decrease; but, if this does not happen, the government may take some drastic actions.
Prices for onions in Delhi-NCR:
On Wednesday, the market price of onions in Delhi hit Rs 78 per kg. Onions are now more than twice as expensive in the capital. On October 25, the price of onions in the country's capital started to soar at Rs 40 per kg. By October 29, the price had doubled to Rs 80 per kg.
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