Key Points
A fresh consignment of 840 metric tons (MT) of onions, procured by National Agricultural Cooperative Marketing Federation of India ( NAFED ) under the Department of Consumer Affairs Price Stabilization Fund, arrived at Kishanganj Railway Station in Delhi today..
The governments efforts has seen 4.7 lakh tons of rabi onion reserved for the price stabilization buffer this year, with releases beginning on September 5 through both retail sales and bulk market allocations..
Retail chains like SAFAL, Kendriya Bhandar, and Reliance Retail have partnered with NAFED and NCCF to offer onions at the set price of Rs.35 per kilogram, ensuring affordability for consumers..
Since September, the average retail prices of onions have seen a marked stabilization in states such as Andhra Pradesh, Maharashtra, Karnataka, Uttar Pradesh, Tamil Nadu, and Delhi..
The arrival of bulk onion shipments in North-eastern states is expected to further control prices, while mandi prices in Nashik have recently dropped from a peak of Rs.47 per kilogram to Rs.40 as of October 29..
You might be interested in
After tomato, onion follows suit; 60%rate hike in week
18, Aug, 23After tomatoes, the price of another staple vegetable — onion — is on a steep rise in the country. Within a week, retail prices have already increased by nearly 60 per cent.
Onions at Rs 80/kg: How government plans to tackle surging prices
31, Oct, 23Onion prices have seen a significant surge nationwide, with major cities such as Delhi and Mumbai witnessing retail rates as high as Rs 80 per kilogram.
India's Onion Conundrum: A pungent price rise may need further actions amid inflationary pressures
21, Aug, 23The Indian government has imposed a 40% tax on onions for export as prices of the vegetable spike, driving up retail prices of what is a key food item for many households in the country. Traders told the Economic Times that in September prices of quality onions could near double. Possible hoarding could lead to immediate inflation even before the export taxes come into force, while supply concerns could bring prices down again in the future. However, onions have a bearing on the Indian political circuit too and controlling the prices are crucial in run up to elections.
Onion prices up by more than 50% in 15 days, expected to rise till December: Report
26, Oct, 23Retail prices of onion have increased by 25-50 per cent in the national capital region in the last fortnight, and is currently available for Rs 50-70/kg at different outlets.
‘Kanda Trains’ to help ease onion prices before Diwali
17, Oct, 24The government plans to stabilize onion prices by releasing 91,960 tonnes from buffer stocks via rail to key consumption centers and e-commerce platforms, selling at Rs 35/kg. This intervention aims to address the spike in vegetable prices, with onion prices nearing Rs 100/kg in retail markets.
Buying onions could leave you teary-eyed soon. Here’s why
27, Oct, 23In the National Capital Region (NCR), onions are now being sold at Rs 50-60 per kilogram in various markets, including online grocery stores, marking a substantial hike from prices observed just two weeks ago.
Onions price soars to Rs 80/kg in Delhi: When will rates fall?
30, Oct, 23In the Delhi-NCR region, onion prices have reached Rs 80 per kilogram across retail markets, marking a 100 per cent increase in just 14-15 days.
This is govt's 'TOP' agenda in the run-up to the Lok Sabha polls
06, Dec, 23After victories in three states, a confident BJP is hopeful of winning the next Lok Sabha elections. Yet it does not want to leave anything to chance, least of all TOP which can swing voter sentiment wildly as these kitchen staples pinch people at the bottom of the population the most.
Onions price reaches ₹70 per kg in Bengaluru, likely to see further spike
30, Oct, 23The onion prices have reportedly mounted across the country as the rabi stock saw a steep decline and fresh Kharif stock is yet to arrive. | Bengaluru News
Onion prices shoot up 60% in two weeks
26, Oct, 23According to senior trade sources, the sowing of kharif onions in the southern states of Karnataka and Andhra Pradesh was low as farmers incurred losses in the last two years. Below normal rainfall in these states has further reduced the onion production. The country will now get its next new harvest of kharif onions from Alwar in Rajastan.