-IANS In November, Karnataka markets received 60-70 quintals of onion a day, which fell by 50 per cent in December, leading to the crisis. Bengaluru: Price of onion shot up to a whopping Rs 200 per kg in Bengaluru due to severe short supply in the market, an official said here on Saturday. "onion price touched Rs 200 per kg in some retail shops of Bengaluru, after its wholesale rate ranged between...
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onion prices may drop by 50% in the next 2 weeks: Report
-Moneycontrol.com At Lasalgoan market, onions were trading at Rs 41 per kg on December 10 compared with Rs 71 on December 7. onion prices could drop by 50 percent in the next two weeks due as arrivals from Maharashtra, Gujarat, and Karnataka pick up, Business Standard reports. Please click here to read more. ...
More »Climate change behind spike in onion price every alternate year: Study -Nagesh Prabhu
-The Hindu Researchers from Institute for Social and Economic Change say price will stabilise only by March 2020 Bengaluru: The price of onion in the country spikes every two years and this is largely triggered by a series of factors, including drought, late arrival of monsoon, floods, crop failure, and supply disruptions, according to a recent study. The current sharp spike in onion price is expected to continue till at least March...
More »Prices high, govt to buy 11,000 tons of onion from Turkey
-The Indian Express Last month, the Union cabinet approved importing 120,000 tonnes of onions to improve the domestic supply and control prices that have skyrocketed to Rs 75-120 per kg across major cities. New Delhi: Amid skyrocketing prices of onions, the Union Ministry of Consumer Affairs, Food and Public Distribution asked state-run MMTC to place an order for the import of 11,000 metric tons (MT) of onions from Turkey. According to sources,...
More »Stockholding restrictions for onion extended indefinitely
-PTI With onion prices continuing to rule high at ?80-90 per kg, the government on Wednesday extended prohibitions on traders from the stocking of edible bulb across the country for an indefinite period. Separately, Food and Consumer Affairs Minister Ram Vilas Paswan did not say by when prices of onion will normalise. “It’s not in our hand, the government is taking maximum efforts but who can win from nature,” he told reporters. Please click...
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