Onion price hit the highest since January 2018 on Monday despite the government’s measures for boosting domestic supply.
At Lasalgaon mandi, Asia’s largest onion selling market, the onion price jumped Rs 1.50 a kg to Rs 32 a kg, the highest since January last year.
Onion price has more than doubled in the last one month, after moving in a narrow range of Rs 9-Rs 13 a kg in the previous three months, and further below between Rs 4 and Rs 9 a kg since February.
The Directorate General of Foreign Trade (DGFT), in a notification last Friday,