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Not vegetable markets, but jewelry shops! Expensive onions sell at new places in Varanasi
Onions have left customers teary-eyed as prices of the staple continue to soar in various parts of the country. With the exponentially high prices of the bulb, it is now surprisingly being placed with other commodities like gold and silver at jewelry shops in Uttar Pradesh's Varanasi. The farmers have suffered huge crop losses due to floods and hence supplies have shrunk, resulting in a sharp price rise.
Traders believe that the floods in onion-producing states such as Maharashtra, Andhra Pradesh, Gujarat, and Assam have been a big factor in rising prices of the staple. The farmers in Maharashtra have suffered huge crop losses due to floods and hence, supplies from onion hotspot Nashik to other cities have shrunk, resulting in a sharp price rise.
Traders believe that the floods in onion-producing states such as Maharashtra, Andhra Pradesh, Gujarat, and Assam have been a big factor in rising prices of the staple. The farmers in Maharashtra have suffered huge crop losses due to floods and hence, supplies from onion hotspot Nashik to other cities have shrunk, resulting in a sharp price rise.
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