Onion prices touch Rs.80, thanks to tight supply

Mysuru: Heavy unseasonal rainfall has locked latest onion produce in wet fields throughout onion growing States of Maharashtra, Karnataka and Telangana. As a ripple effect, onion prices increased everywhere in the country. 

The politically sensitive bulb’s prices however are set to ease in coming months, sparking fears that farmers will not get fair prices for their crop. The price of large-sized good quality onions is being sold anywhere between Rs.70 and 80 per kg in the wholesale market and in the residential areas, the prices are hovering between Rs.80 and Rs.85 per kg. However, the price of small size and medium size onions stands at about Rs.38 to Rs.47 a kilo, which has provided some relief to the consumers. 

Prices of Dal too have risen significantly, pinching the pockets of the common man. The price of Tur Dal, which was about Rs.80 a kilogram a few days ago, has touched Rs.110 per kg and so also the prices of other Dal varieties.

To contain the prices, India will import 1,00,000 tonnes of onions, Food and Consumer Affairs Minister Ram Vilas Paswan said in a message yesterday.

This post was published on November 11, 2019 6:54 pm