In the national capital and other parts of the country, onion retail price has reached a high of Rs 70 to 80 per kg. In such a situation, the Central Government is considering fixing the limit of storage of onion traders.
Sources said that heavy monsoon rains in the major onion producing states have affected supply due to which prices have jumped. According to data from the Ministry of Consumer Affairs, the retail price of onion in Delhi last week was Rs 57 per kg. It was Rs 56 in Mumbai, Rs 48 in Kolkata and 34 rupees in Chennai.
In Gurugram and Jammu, onion has reached Rs 60 a kg. However, according to the data, by the end of last week, the retail price of onion reached 70 to 80 rupees per kg. Last week it was 50 to 60 rupees a kg.
The central government has taken several steps to increase the supply of onions. Despite this, onion prices are going up. A source said, “The government has taken several steps during the last few weeks to increase domestic supply and curb prices. But in the last two-three days, due to heavy rains in the producing states, there has been a huge increase in the retail prices of onions, due to supplies being affected.
The source said that this supply constraint is for a limited time. If the situation is not normal in the next two-three days, then the government is seriously considering fixing the storage limit for the traders.
According to the Meteorological Department, the major onion producing areas especially Maharashtra, Karnataka, Andhra Pradesh, Gujarat, East Rajasthan and West Madhya Pradesh have received excessive rainfall in the last two days. Traders say that storing onion is currently being sold in most parts of the country. Kharif or summer crop will come in the market from November.