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LATEST NEWS UPDATES | Onion price rise temporary phase, govt boosting supply: Ram Vilas Paswan

Onion price rise temporary phase, govt boosting supply: Ram Vilas Paswan

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published Published on Sep 18, 2019   modified Modified on Sep 18, 2019
-PTI

New Delhi: Terming high onion prices as a “temporary phase”, Union 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.

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. 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.

“It is a temporary phase. Every year we face this problem (price rise) in three main perishable commodities potato, onion and tomato. This year, it is onion. However, we have enough supply in our buffer,” Food and Consumer Affairs Minister Ram Vilas Paswan told reporters.

There was supply disruption because of floods in main-growing states like Maharasthra and Karnataka. Otherwise, the country has enough onion production and the Centre has also created a buffer stock of 56,000 tonne to address any shortages, he said.

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The Hindu Business Line, 17 September, 2019, https://www.thehindubusinessline.com/economy/agri-business/onion-price-rise-temporary-phase-govt-boosting-supply-ram-vilas-paswan/article29439709.ece?homep


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