Pulses, onion won't see price hike this year; have adequate stock: Govt

The all-India average retail price of onion has witnessed a significant decline of 28 per cent compared to last year

The Centre on Thursday exuded confidence that the prices of pulses and onions — the two main commodities which seasonally show a spike with the advent of winter — wouldn’t rise much this year, assuring it has adequate stocks in the event of a market intervention.

The government said the prices of tomatoes may remain volatile for some time since the commodity is highly perishable by nature and difficult to store or process. It has been showing a rising trend these past few months.

“The prices of pulses will not rise during the festival months,” Consumer Affairs Secretary Rohit Singh