Maha cloth shop offers 1kg onions free on purchase of Rs 1,000

Image
Press Trust of India Thane
Last Updated : Dec 14 2019 | 10:45 PM IST

A cloth seller in Maharashtra's Thane district smelled a business opportunity in the sky- rocketing prices of onions and offered a kilogram of the kitchen staple free on purchase of items worth Rs 1,000.

Onion prices have crossed the Rs 100 per kilogram mark in almost all markets in the country for the past several weeks, making it one of the major points of acrimony in the country's political discourse.

Sheetal Handlooms, a shop in Ulhasnagar here, saw a spike in business on Saturday after its owner announced the "onion free with saree" offer, one of the staff said.

"Onions are selling at Rs 130 per kilogram here. So for cloth purchase of Rs 1,000, we are offering a kilogram of onions free. The number of customers has seen a huge rise today," he said.

As per a reply given by Union Minister of State for Food and Consumer Affairs Raosaheb Danve in the Rajya Sabha on Friday, the average onion prices across major cities have jumped five fold in the last one year to Rs 101.35 per kg.

This, he informed in his written reply, was due to an estimated decline in domestic production in Kharif and late- Kharif seasons (summer-sown) by as much as 22 per cent.

Onion prices have risen by 81 per cent in the last one month, with the all-India daily average retail price being Rs 101.35 per kg on December 10 as against Rs 55.95 per kg a month ago and Rs 19.69 per kg a year ago, Danve told the RS.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Dec 14 2019 | 10:45 PM IST

Next Story