According to the latest data available, the prices of onions in Delhi are 200 per cent higher at present than the same time in the previous year.
The data also showed that the whole prices of onions have increase as much as 35 per cent over the previous one month in the national capital. On the other hand, the retail prices are recorded in the rage of Rs. 25 to Rs. 30 in most parts while touching Rs. 40in some elite areas.
Delhi's Agricultural Produce Marketing Committee (APMC) chairman Rajinder Kumar Sharma has blamed the bad weather and low sowing in Nasik as the reason for high prices. He said that the low supply of onions is causing the hike in prices in the city. Traders at Azadpur, Asia's largest fruit and vegetable market, seem to agree with the minister saying that they have heard about the bad weather and low production in Naisk region.
Delhi Chief Minister Sheila Dikshit is seeking a ban on the export of onions in order to control the rising prices in the country. The agriculture ministry turned down the request for a ban on exports while onions were selling around Rs. 30 per kg in the national capital.
The minister also said that the local issues were responsible for the high prices indirectly blaming the Delhi government for the situation. He has already scheduled a meeting with the officials of his department to discuss the rising prices of onions and asked NAFED to monitor onion supply. Some reports suggest that the National Consumer Cooperative Federation (NCCF) might deliver cheaper onions in Delhi through Kendriya Bhandar mobile vans.
- Marathon Pharma to sell decades-old drug to treat DMD for $89,000
- FedEx Launches FedEx Fulfillment for Small Business to Compete with Amazon
- CDC updates 2017 advisory for recommended flu shots
- Coca-Cola Helped by Strong North American Demand but Company Issues Lackluster Future Guidance
- Women with dense breasts more likely to develop breast cancer: study