Business Standard

Tamil Nadu rushes to rein in onion prices, says will crack down on hoarders

The government said it has set up committees led by Civil Supplies commissioners to conduct checks in districts

Onions being sold in a market
Premium

Onions being sold in a market

T E Narasimhan Chennai
The Tamil Nadu Government said on Tuesday it will crack down on traders hoarding onions or selling them above fixed prices, speaking out as prices crossed Rs 90 a kg.

The government said it has set up committees led by Civil Supplies commissioners to conduct checks in districts. Retailers holding over 10 tonnes and wholesalers with over 50 tonnes will face action.

The state government has sent a team to Nasik in Maharashtra to buy onions and sell them through cooperative societies.

According to reports, prices at the wholesale market in Koyambedu was around Rs 60 a kg and retail prices was around

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in