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Onion traders on strike following I-T raids


Nashik onion traders on Monday decided not to purchase onions for two days from the Agricultural Produce Market Committees, following the nationwide I-T raids on onion traders.

Traders are protesting against the Maharashtra government's directive of selling onions at not more than Rs 40 per kg. The decision was taken by Nashik District Onion Traders Association at a meeting.

Farmers, meanwhile are angry with the traders' decision. The Maharashtra State Government has called an emergency meeting of traders to resolve the crisis.

Last week, the Income Tax department conducted raids on wholesale traders across the country. Income tax officials raided onion traders across the country following evidence from the competition commission that wholesale traders and organised mandis are controlling the onion supply.