Onion price rise temporary phase, country has buffer stock to meet shortage; govt boosting supply: Ram Vilas Paswan
5 years, 3 months ago

Onion price rise temporary phase, country has buffer stock to meet shortage; govt boosting supply: Ram Vilas Paswan

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Among metros, onion was quoting at Rs 34 per kg in Chennai, Rs 43 per kg in Mumbai, Rs 44 per kg in Delhi and Rs 45 per kg in Kolkata on Friday, the ministry data showed. New Delhi: Terming high onion prices as a “temporary phase”, Union Food and Consumer Affairs Minister Ram Vilas Paswan on Tuesday asserted that they have enough supplies in buffer stock to check prices of the staple food that trade data showed is ruling in the range of Rs 50-60 per kg in some parts of the country. According to the data maintained by the Consumer Affairs Ministry, the maximum retail price of onion was at Rs 56 per kg while the modal rate was Rs 44 per kg. However, in some parts of the country trade data showed onion is ruling high at Rs 50-60 per kg depending on the quality and locality. To keep a lid on onion prices, Paswan said, cooperative Nafed and NCCF, as well as Mother Dairy, are selling onion in the price-sensitive Delhi market at Rs 23.90 per kg.

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