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Monday, December 23, 2024 | 06:52 PM ISTEN Hindi

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Onions for Rs 100 a kg: Consumers pay price as govt fails to get supplies

Onion prices have been rising for three months after crops were first affected by delayed monsoon and later excessive and prolonged rains in Maharashtra and Karnataka

onion
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Rajesh Bhayani Mumbai
Onions are selling above Rs 100 per kg in Mumbai and other cities, as faulty supply management, an infective import policy and crop damage make it unlikely that prices will fall before December.

Researchers and market players predict the supply deficit will last till mid-December and it will take a month after that for prices to fall.

Onion prices have been rising for three months after crops were first affected by delayed monsoon and later excessive and prolonged rains in Maharashtra and Karnataka. Prices were expected to fall from November after the government banned exports and imposed nationwide stock limits

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