Delhi govt explores ways to bring down onion rates

Image
Press Trust of India New Delhi
Last Updated : Aug 22 2013 | 10:44 PM IST
With onion prices remaining high in retail markets in the city, Delhi Government today explored ways to bring down the rates even as BJP continued its attack on the administration on the issue.
Food and Supplies Minister Harun Yusuf at a meeting reviewed supply of the kitchen staple to Delhi from various onion producing states. The meeting decided to take steps to improve supply.
Officials said government was concerned about any further hike in the retail rates of onion as its supply to the city has come down marginally.
Onion is being sold at high rate of up to Rs 70 per kg in retail markets in the national capital.
The Delhi government is selling onions between Rs 40-45 a kg at over 1,000 points across the city.
The BJP has been trying to use rocketing onion prices to its advantage in Delhi election. The party today sold the vegetable at Rs 35 per kg at a number of places in the city
The party has been accusing the Delhi Government of "complete failure" to stabilise the rates and even demanded sacking of Yusuf for failing to check the escalating price.
Incidentally, BJP was voted out of power in 1998 in Delhi following spiralling onion prices. The assembly polls in Delhi are slated for November.
Onion Merchant Traders Association President Surendra Budhiraj said prices remain firm at Rs 45-50 per kg in Azadpur market as supply has declined by almost half. Only 7,000 quintal came today against a normal 12,000 quintals, he said.
At Lasalgaon in Nashik district of Maharashtra, a major producing region, wholesale prices were more or less stable at around Rs 43 per kg, according to National Horticulture Research and Development Foundation (NHRDF) data.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 22 2013 | 10:44 PM IST

Next Story