Govt to offload more onions in markets to stabilise retail prices

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The story "Govt to offload more onions in markets to stabilise retail prices" was covered 17 hours ago by Business Standard, a news publisher based in India.

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Govt to offload more onions in markets to stabilise retail prices - Business Standard

Quick Summary:

"The government has decided to upscale the onion disposal in order to address temporary constraint in onion supply observed in certain markets in the past 2-3 days owing to festival season and closure of mandis," an official statement said.

The government on Tuesday said it is keeping a close watch on onion prices and has decided to offload more quantities from buffer stock in retail markets to stabilise rates amid temporary supply constraints.

According to government data, the retail price of onion is Rs 67 per kg in the national capital while the all-India average retail price of the kitchen staple is Rs 58 per kg.