The skyrocketing prices of onion have left the common man in tears. Onion prices are increasing rapidly every day. According to vegetable vendors, the price of onion is increasing by about Rs 20 every day. Due to which the market vendors fear that their prices will cross the Rs 100 mark in the coming days. But in the meantime, to provide relief to the common man from inflation, the government is thinking of applying tomato formula on onion also.
Just a few months ago, the prices of tomatoes had suddenly skyrocketed and it had ruined people’s kitchen budget. At that time, to control the prices of tomatoes, the government had decided to sell them at lower prices. Now the government is going to do something similar with onion also.
Also read: Onion rates reached close to Rs 100 in Delhi, prices doubled in a week
Onion is being imported from other states
Just as the government had imported tomatoes from other states and sold them cheaply during the surge in tomato prices, a similar plan will now be made to control onion prices. DGFT, working under the Union Ministry of Commerce and Industry of the government, has started importing onions in large quantities from states like Madhya Pradesh and Rajasthan, Haryana.
Now the government will sell it at a lower price in cities like Delhi-Ghaziabad. The government’s buffer stock for onion this season was 5 lakh tonnes, out of which 2 lakh tonnes have been sold. Apart from this, the government has decided to buy 2 lakh more tonnes of onion from farmers of other states. So that the common man can get relief.
Decision was also taken on export duty
Apart from this, to control the rising prices of onion, the central government has decided to declare the export price at $ 800 per tonne. Due to this decision, the onion produced in the country will be less able to be sold outside, because its price per kilogram will be around Rs 68. Which means that onion will be sold more in the country’s markets and its export outside will be less. The new export price applicable on onion will remain till 31 December 2023.
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