Onion Prices Soar to Rs 58/kg in Delhi: Govt Data
By Rediff Money Desk, New Delhi Sep 10, 2024 18:52
Onion prices in Delhi remain high at Rs 58/kg due to tight supply, according to government data. The All-India average price is Rs 49.98/kg, with a maximum of Rs 80/kg and a minimum of Rs 27/kg.
New Delhi, Sep 10 (PTI) Average onion prices in the national capital continue to rule high at Rs 58 per kg on tight supply, the government data showed.
According to the data compiled by the Department of Consumer Affairs, the All-India average price of onion on Tuesday is Rs 49.98 per kg, while the modal price is Rs 50 per kg.
The maximum price of onion is Rs 80 per kg and the lowest is Rs 27 per kg.
On September 5, the Centre began the first phase of retail sales of onion at a subsidised rate of Rs 35 per kg to provide relief to Delhi-NCR and Mumbai consumers from rising prices of the kitchen staple.
NCCF and NAFED, which are maintaining a buffer stock of 4.7 lakh tonne onion on behalf of the government, have started retail sale through their stores and mobile vans.
Last week, Consumer Affairs Secretary Nidhi Khare noted that the outlook for onion availability and prices in coming months remains positive as the kharif (summer) sown area has increased sharply to 2.9 lakh hectares till last month against 1.94 lakh hectares in the year-ago period.
Further, about 38 lakh tonnes of onion are reported to be still in storage with farmers and traders, she had said.
The department has been monitoring price for 22 essential commodities (rice, wheat, atta, gram dal, tur (arhar) dal, urad dal, moong dal, masur dal, sugar, gur, groundnut oil, mustard oil, vanaspati, sunflower oil, soya oil, palm oil, tea, milk, potato, onion, tomato and salt) based on data collected from 550 market centres spread across the country.
From August 1, the government has started collecting and monitoring daily wholesale and retail prices of 16 more essential food commodities.
According to the data compiled by the Department of Consumer Affairs, the All-India average price of onion on Tuesday is Rs 49.98 per kg, while the modal price is Rs 50 per kg.
The maximum price of onion is Rs 80 per kg and the lowest is Rs 27 per kg.
On September 5, the Centre began the first phase of retail sales of onion at a subsidised rate of Rs 35 per kg to provide relief to Delhi-NCR and Mumbai consumers from rising prices of the kitchen staple.
NCCF and NAFED, which are maintaining a buffer stock of 4.7 lakh tonne onion on behalf of the government, have started retail sale through their stores and mobile vans.
Last week, Consumer Affairs Secretary Nidhi Khare noted that the outlook for onion availability and prices in coming months remains positive as the kharif (summer) sown area has increased sharply to 2.9 lakh hectares till last month against 1.94 lakh hectares in the year-ago period.
Further, about 38 lakh tonnes of onion are reported to be still in storage with farmers and traders, she had said.
The department has been monitoring price for 22 essential commodities (rice, wheat, atta, gram dal, tur (arhar) dal, urad dal, moong dal, masur dal, sugar, gur, groundnut oil, mustard oil, vanaspati, sunflower oil, soya oil, palm oil, tea, milk, potato, onion, tomato and salt) based on data collected from 550 market centres spread across the country.
From August 1, the government has started collecting and monitoring daily wholesale and retail prices of 16 more essential food commodities.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 10.41 (+ 0.48)
- 53727067
- GTL Infrastructure
- 2.41 (+ 4.78)
- 49996392
- Five-Star Business F
- 797.20 ( -1.39)
- 47756593
- Spicejet Ltd.
- 61.84 ( -0.87)
- 37121295
- Reliance Power L
- 44.16 (+ 4.99)
- 36538149
MORE NEWS
Gulf Oil Promoter Sells 4% Stake for Rs 263 Crore
Gulf Oil International Mauritius Inc. sold a 4% stake in Gulf Oil Lubricants India for...
Zaggle Acquires Stakes in Span Across IT &...
Fintech firm Zaggle invests Rs 48 crore in Span Across IT Solutions and Mobileware...
Swiggy Files Updated IPO Papers: Eyes Rs 3,750 Cr
Swiggy files updated IPO papers with Sebi, aiming to raise Rs 3,750 crore through fresh...