Onion price doubles in seven days, Govt cites low produce main cause| Ghanti Bajao
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Updated at:
07 Nov 2019 07:51 AM (IST)
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Blaming the lack of uniformity in rain patterns for hurting production of onions, Consumer Affairs Minister Ram Vilas Paswan said on Wednesday that the Centre is taking all possible steps but 30-40 per cent reduction in production and supply disruptions due to rains were the main cause for the price rise.
Paswan said that the Union government is taking all possible steps to curb price rise including creating a buffer stock of 56,700 tonnes of onions out of which 1,525 tonnes are available with NAFED at present, banning the export of onions so as to retain stock for domestic consumption and putting stock holding limit of 10 tonnes for retailers and 50 tonnes for wholesalers to ensure a constant and healthy supply in the market.
Paswan said that the Union government is taking all possible steps to curb price rise including creating a buffer stock of 56,700 tonnes of onions out of which 1,525 tonnes are available with NAFED at present, banning the export of onions so as to retain stock for domestic consumption and putting stock holding limit of 10 tonnes for retailers and 50 tonnes for wholesalers to ensure a constant and healthy supply in the market.