Onion price soars to Rs 120 a kg in Odisha; Govt says relief in January

The price of onion will come down by December end or by the first week of January, said Food Supplies and Consumer Welfare Minister R P Swain

Onions being sold in a market
Press Trust of India Bhubaneswar
2 min read Last Updated : Dec 04 2019 | 11:28 PM IST

Amid the onion prices soaring to Rs 120 a kg in open markets of the state, the Odisha government on Wednesday sought to provide succour to people, saying the cost of the pungent vegetable bulb is likely to decline by January first week after production of new crop.

While the onion price in open market was around Rs 90 a kilogram on Tuesday, it registered an overnight jump by Rs 30 in Bhubaneswar and Cuttack.

The price of onion will come down by December end or by the first week of January, said Food Supplies and Consumer Welfare Minister R P Swain.

He said the onion is being procured from other states like Maharastra and Andhra Pradesh as the production of the vegetable bulb here is not adequate.

The minister also claimed the government has opened 256 fair price shops to sell onion at affordable rates, the people from different parts of the state said the vegetable has not been available for the last two days.

The traders in Odisha sell two varieties of onions. The variety procured from Nasik in Maharastra are sold at the rate of Rs 120 a kg, while the variety brought in from Andhra Pradesh has been selling at Rs 100 a kg, a trader in the Unit-1 Haat here said.

The traders also expected that the price of onion will further increase as the rate of onion at the source point has increased to Rs 11,000 per quintal.

*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

Topics :onion pricesOdisha government

First Published: Dec 04 2019 | 11:10 PM IST

Next Story