To control the rising onion prices, the Government of India will now increase the supply of onion in the wholesale market.
Consumer Affairs Secretary Rohit Singh said in a briefing, ‘India will increase the sale of onion in the wholesale market to control onion prices. It is expected that after this step onion prices may fall by the end of November.
Apart from this, to control the prices of pulses, the government will increase the sale in the open market. India currently has 4.7 lakh tonnes of pulses in state reserve.
Onion prices are increasing
Onion prices started rising with the beginning of October, which has increased significantly in recent times.
According to the Department of Consumer Affairs, the average price of onion in the North Zone on October 1 was Rs 31.57/kg. Delhi comes in North Zone. But on October 25, the price increased by about 16% to Rs 36.59/kg.
In the South Zone (Bengaluru and Chennai fall in the South Zone), the average wholesale price of onion on October 1 was Rs 35.05/kg, which increased by 29% to Rs 45.17/kg on October 25.
In East Zone (Kolkata comes in East Zone) the average price on October 1 was Rs 31.98. But on October 25, it increased by 13.6% to Rs 36.33/kg.
Talking about West Zone (Mumbai falls in West Zone), the average price on October 1 was Rs 28.96/kg. But on October 25, this price increased by about 15.5% to Rs 33.51/kg.
