Delhi plans to create price stabilisation fund for onions

Retail onion prices, which have shot up to Rs 50-65 per kg in most cities, have come under pressure due to tight domestic supplies

With rising onion prices becoming a recurring problem in many parts of the country, including the national capital, the Delhi government is believed to have suggested constituting a price stabilisation fund (PSF), which would enable it to purchase onions from neighbouring areas and retail in the Capital in times of shortage. A proposal to this effect was discussed at a meeting between the Centre and state officials some weeks ago.

A price stabilisation fund would enable the state to procure and distribute onions on its own, without waiting for Central agencies such as the National Agricultural Cooperative Marketing Federation (Nafed) and