Govt disposing of buffer stock in retail markets at lower prices, says Consumer Affairs Ministry
Onion prices are expected to cool down in the coming weeks as the arrival of the fresh kharif crop has begun, senior officials at the Consumer Affairs Ministry said on Wednesday.
Currently, the average all-India retail price of onion is at ₹54 per kg and prices have declined in the past month after the government’s subsidised sale of onion in key consuming centres, the official said. Onions in some of the major States such as Uttar Pradesh were at ₹51.36 per kg, Bihar at ₹56.11 per kg, Madhya Pradesh at ₹49.18 and Rajasthan at ₹47.57.
The government is disposing of the buffer stock of onions in retail markets at a lower rate of ₹35 per kg in Delhi-NCR and other cities to provide relief to consumers from high prices.
For more information click here.
