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Onion, edible oil prices to cool down during festival season: Centre

The Centre estimates onion production in the kharif season to be around 4.38 million tonnes

Mandi, onion
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Farmers selling onion in a mandi

Sanjeeb MukherjeeAgencies New Delhi
The Centre on Friday exuded confidence that retail prices of staples such as onions and essential items like edible oils will come down further in the next few weeks.  This is set to provide the much-needed relief to consumers during the festive season.

In the case of onions, food secretary Sudhanshu Pandey said the new harvest will start hitting the market soon. This will cap the price increase, and in the case of edible oils, states will start imposing stock limits next week. Reduction in duties will start showing results, all of which will provide relief to consumers, he added.

“Already, there