Onion prices likely to cool with new kharif crop arrival, says official

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The story "Onion prices likely to cool with new kharif crop arrival, says official" was covered 1 weeks ago by Business Standard, a news publisher based in India.

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Onion prices likely to cool with new kharif crop arrival, says official - Business Standard

Quick Summary:

The government is disposing of the buffer stock onion in the retail market at a subsidised rate of Rs 35 per kg in Delhi-NCR and other cities to provide relief to consumers from high prices.

According to the ministry official, the buffer stock onion is being transported to key consuming centres through railways for the first time and is helping boost the supplies.

Currently, the average all-India retail price of onion is ruling at Rs 54 per kg and the prices have declined in the past one month after the government's subsidised sale of onion in key consuming centers, the official said.