Earlier people used to cry while cutting onions, but now people can see tears in their eyes even while buying onions. Onion retail prices have crossed Rs 100 per kg in many cities of the country to reach Rs 140 per kg. This information has appeared in the official data of the Ministry of Consumer Affairs.
For the past few weeks, onion has become the queen of vegetables and its expressions are touching the sky. The main reason for this is the production of kharif crop after unseasonal rains in other onion producing states including Maharashtra. According to the ministry, onions in Delhi were priced at Rs 100 a kg on Friday, while prices in Mumbai, Chennai and Kolkata reached Rs 120 a kg.
According to the data, in most cities where the average price of onion is Rs 110 a kg. At the same time, its price in Port Blair has reached Rs 140 per kg. To curb prices and increase the supply of onions in the country, the government has contracted to import 21,000 tonnes of onions. The contract has been awarded to state-run MMTC and consignment of imported onions is expected to arrive by mid-January.
Apart from this, the government has banned the export of onions. The limit for storing onions of traders has been fixed. It has also started supply at lower prices from its buffer stock. Traders and experts believe that onion prices may continue to rise until the new crop begins to arrive in the market in January.