The wholesale price of onions has risen to Rs 25 per
kg in Maharashtra, and the reasons for it are the lower yield and the
scanty rainfall the state received last year. The hike in the price of
the vegetable is expected to continue till the end of August.
While the ministry of consumer affairs, food and public distribution and the ministry of commerce are mulling over a short-term ban on onion exports to bring down its domestic prices, agriculture minister Sharad Pawar is not in favour of such a ban. He opined that this is a short-term price hike.
Ashok Walunj, director, onion-potato market, Agricultural Produce Marketing Committee (APMC), said, “Due to the poor rainfall received by Maharashtra last year, the production of crops was less, and that is the reason for the onion price hike.”
“The hike in the wholesale price of onions is not as high as that of other vegetables. Moreover, it will continue the end of August, and the price will begin to decline from September, when the farmers start sowing other crops. If the retailers fix higher prices, it is not our problem,” he said.
While the ministry of consumer affairs, food and public distribution and the ministry of commerce are mulling over a short-term ban on onion exports to bring down its domestic prices, agriculture minister Sharad Pawar is not in favour of such a ban. He opined that this is a short-term price hike.
Ashok Walunj, director, onion-potato market, Agricultural Produce Marketing Committee (APMC), said, “Due to the poor rainfall received by Maharashtra last year, the production of crops was less, and that is the reason for the onion price hike.”
“The hike in the wholesale price of onions is not as high as that of other vegetables. Moreover, it will continue the end of August, and the price will begin to decline from September, when the farmers start sowing other crops. If the retailers fix higher prices, it is not our problem,” he said.
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