Rising KashmirRising KashmirRising Kashmir
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Anchor
  • Breaking
  • Business
  • City
  • Developing Story
  • Editorial
  • Education
  • Features
  • Health
  • Interview
  • Jammu
  • Jammu and Kashmir News
  • Kashmir
  • Kashmir Tourism
  • Kath Bath
  • National
  • Opinion
  • Politics
  • Sports
  • Technology
  • Top Stories
  • Trending
  • Uncategorized
  • Video
  • Viewpoint
  • World
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Onion prices soar in multiple parts of country; buyers request further govt intervention
Share
Notification Show More
Font ResizerAa
Rising KashmirRising Kashmir
Font ResizerAa
  • Home
  • Top Stories
  • News
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Follow US
© 2024. All Rights Reserved.
Rising Kashmir > Blog > Breaking > Onion prices soar in multiple parts of country; buyers request further govt intervention
Breaking

Onion prices soar in multiple parts of country; buyers request further govt intervention

ANI
Last updated: October 31, 2023 7:54 am
ANI
Published: October 31, 2023
Share
5 Min Read
SHARE

 Buyers have expressed concern over the rising onion prices in several parts of the country and urged the government to take additional steps to bring it down. The price of onion has touched Rs 80 per kg in Mumbai.

The government recently imposed Minimum Export Price for onions and procurement of additional 2 lakh tonnes of onion for buffer stocks.

A buyer in Mumbai said, “The prices of onions have increased so much. The rate is Rs 80 per kg. It may go up to Rs 150. We request the government to decrease prices.”

Meanwhile, in other parts of the country, such as Uttar Pradesh’s Agra, a vegetable seller Manoj stated said prices have soared due to the shortage in supply.

“We are getting onions for Rs 60 to 65 from mandi. Customers are not buying the onions due to rising costs. There is a shortage of supply too,” he said.

Akhilesh Kumar, who came to purchase vegetables at a mandi in Agra said, “Prices are too high. Our consumption of onions has decreased. Earlier we used to take 1-2 kgs. Now we are just buying 250 gm. Currently, the prices are around Rs 80 per kg.”

Rahul, a vegetable seller in Kanpur, requested the intervention of the government and said that the stock has been destroyed due to recent rains.

“The main reason for the rise in prices is the heavy rains. All stock has been destroyed. There is a shortage of supply. Going forward, prices will continue to rise. I request the government to intervene in this situation,” he said.

Earlier, the Union Government on Saturday notified the minimum export price (MEP) of USD 800 per Metric Ton (MT) on a FOB basis for the export of onions, with effect from October 29 to December 31, 2023.

The measure has been taken to maintain sufficient availability of onion to domestic consumers at affordable prices as the quantity of stored rabi 2023 onion is declining.

The MEP of USD 800 per MT translates into about Rs 67 per kg.

Along with the decision to impose MEP on onion exports, the government has also announced the procurement of an additional 2 lakh tonnes of onion for the buffer, over and above the 5 lakh tonnes already procured.

Onion from the buffer has been disposed of continuously since the second week of August in major consumption centres all over the country and also supplied to retail consumers at Rs 25/kg through mobile vans operated by NCCF and NAFED. To date, about 1.70 lakh Metric Tons of onion have been disposed of from the buffer.

The continuous procurement and disposal of onion from the buffer are undertaken to moderate the prices for consumers while ensuring remunerative prices for the onion farmers. The decision to impose an MEP of USD 800 per MT shows the determination of the government to keep onions affordable to domestic consumers.

Earlier, the government said that it has procured over 5.07 lakh metric tonnes of onion and is all set to procure another 3 lakh metric tonnes in the days to come, which will help keep the price under control.

The government has disposed of over 1.74 lakh metric tonnes of onion in wholesale markets of Delhi, Haryana, Karnataka, Odisha, Tamil Nadu, Uttar Pradesh, Chandigarh, West Bengal, Telangana, Uttarakhand, Bihar, Assam and Uttarakhand, the official said, adding that the prices of onion will start declining in the coming days.

According to the official, the retail price matrix got disturbed due to the fall in the arrival of onions in Mandis.

“Still, the price of onions is much lower in comparison to 2021, when onion prices crossed the Rs 100 mark,” the official added. (ANI)

JK polls: “Good portion of votes will go to the NC candidates,” says Omar Abdullah
LAMITIYE-2024: Indian Army contingent departs to Seychelles for joint exercise
DAK calls for population-based cancer screening in Kashmir
Er. Rashid to remain in Jail for now, next hearing on June 23
LG Sinha urges BHU alumni for their active participation to strengthen healthcare ecosystem of J&K

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Kashmir’s urban landscape set for major upgrades: LG
Next Article IAF activates three S-400 missile units on the China, Pak border
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

1MFollowersLike
262kFollowersFollow
InstagramFollow
234kSubscribersSubscribe
Google NewsFollow

Latest News

CDS Anil Chauhan visits Northern & Western Commands HQs; Conducts strategic review & operational assessment post-Operation Sindoor
Breaking
May 25, 2025
J&K shines at Khelo India Beach Games 2025 with stellar 9 medal tally
Breaking
May 25, 2025
Dy CM visits Gurudwara Chatti Padshahi in Rainawari; pays obeisance, assesses issues of DGPC
Breaking
May 25, 2025
Aided by Govt schemes for women in J&K, entrepreneur opens skin laser clinic in Poonch
Breaking
May 25, 2025

Recent Posts

  • CDS Anil Chauhan visits Northern & Western Commands HQs; Conducts strategic review & operational assessment post-Operation Sindoor
  • J&K shines at Khelo India Beach Games 2025 with stellar 9 medal tally
  • Dy CM visits Gurudwara Chatti Padshahi in Rainawari; pays obeisance, assesses issues of DGPC
  • Aided by Govt schemes for women in J&K, entrepreneur opens skin laser clinic in Poonch
  • Drug peddler arrested in Baramulla: Police 

Recent Comments

  1. SavePlus on AI and Behavioural Analytics in Gaming: Making the World of Gaming Better
  2. Parul on Govt acknowledges faulty streetlights on Narbal-Tangmarg road
  3. dr gora on Women Veterinarians and the Goal of Viksit Bharat
  4. jalwa game login on National Education Policy 2020: Transforming India’s Educational System
  5. Virender Bhat on Pahalgam Attack: A War on Humanity, Peace, and Kashmiriyat

Contact Us

Flat No 7,Press Enclave, Srinagar, 190001
0194 2477887
9971795706
[email protected]
[email protected]

Quick Link

  • E-Paper
  • About Us
  • Contact Us

Top Categories

Stay Connected

1.06MLike
262.5kFollow
InstagramFollow
234.3kSubscribe
WhatsAppFollow
Rising KashmirRising Kashmir
Follow US
© 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?