Zee Media Bureau
New Delhi: Even as the state government is trying to curb the spiraling onion price rise, woes for the Indian middle class seems to be far from over due to constant escalation in wholesale price of onion.
Also read: Rising onion prices leave buyers in tears
As per a report in the Times of India, wholesale price of onion has touched 22-month high in Lasalgaon in Maharashtra, Asia's biggest onion market, because of supply shortage.
Also read: Centre importing 10,000 tonnes onion
The paper, quoting sources also said that sources said the onion prices would continue to climb in the next few weeks because of sharp decline of arrival of the crop in the market.
It further said that onion prices at Laslagon Agriculture Produce Market Committee (APMC) touched Rs 3,611 per quintal yesterday, adding that the prices may touch Rs 4,000 in a couple of weeks.
Also read: Delhi govt to sell onions at Rs 30 per kg
Meanwhile, the Delhi government has started selling onions at Rs 30 per kg through Fair Price Shops (FPS) and mobile as against the earlier rate of Rs 40 at 280 locations in Delhi and NCR areas.
Onion prices are rising in Delhi and other parts of the country due to production fall and sluggish supply of stored onions meant for meeting the demand during the lean period of July-September.
As of now, about 30 lakh tonnes of stored onion is left in the domestic market to cater to the demand till September.
Total onion production is estimated at 189 lakh tonnes in 2014-15 crop year (July-June), slightly lower than 194 lakh tonnes in the year-ago.
Maharashtra, Karnataka and Madhya Pradesh are the top three onion producing states in the country.
With Agency Inputs
