Industry

Crisis forces onion import

Onion is being sold at Rs.60-80 per kg at various markets across the country. Photo: Sushil Kumar Verma   | Photo Credit: Sushil Kumar Verma

Alarmed at the sudden surge in onion prices, the Centre on Tuesday decided to immediately import about 250 tonnes of the bulb to ease the situation during the coming festival season.

The government has convened a meeting of onion-producing States on Thursday to review the position and assess why market arrivals are lower than expected. Observing that the price spike was “artificial” and due to “hoarding,” Commerce Minister Anand Sharma urged onion-producing States to act against hoarders.


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Printable version | Dec 4, 2021 6:35:21 PM | https://www.thehindu.com/business/Industry/crisis-forces-onion-import/article5260799.ece

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