Onion Price Hike: Government To Consider Stock Limit On Traders

Everything You Need To Know About Onion Price Hike

Prices have also picked up on a likely fall in Kharif production owing to the lower planted area under onion after excess rains, according to sources.

Commodities | Edited by | Updated: September 24, 2019 16:45 IST
Everything You Need To Know About Onion Price Hike

Stored onion is being sold in most parts of the country now.

The government will consider imposing the stock limit on onion traders if retail prices of onion continue to remain high even after exhausting the buffer stock, Food and Consumer Affairs Minister Ram Vilas Paswan said on Tuesday. Agriculture Minister Narendra Singh Tomar, meanwhile, assured that onion prices will calm down in the next few days as supply is being improved in the domestic market by agencies like National Agricultural Cooperative Marketing Federation of India (Nafed). Onion prices are ruling as high as Rs 70-80 per kg in some parts of the country, according to traders.