To check the price of onions, the central government has started releasing the buffer stock of onions to the states. At present, the average price of onion is 22 percent less than last year.
At present, the average price of onion is 22 percent less than last year.
onion prices ,onion price todayTo curb this, the central government has taken a big decision. for those states onion buffer stock ,Buffer stock of Onion) in a planned and targeted manner, where the prices are increasing as compared to the previous months. In a statement on Friday, the Ministry of Consumer Affairs said that in order to increase the supply of onions in the markets, buffer stock is also being released in Lasalgaon and Pimpalgaon wholesale markets of Maharashtra. The government said that at present the average price of onion is 22 percent less than last year. On February 17, the average price of onion across India was Rs 35.28 per kg. This is 22.36 percent less than on 17 February 2021. The government also said that the arrival of late Kharif onions is still sluggish. More or less this situation will continue till March, till the arrival of Rabi crop onions starts.
The ministry said that states have been offered onions at the rate of Rs 21 per kg at places other than storage. This vegetable has also been supplied to the successful sales centers of Mother Dairy at the rate of Rs 26 per kg including transportation cost. The ministry said, “…the prices of onions are being seen stabilizing due to rapid arrival of buffer stock in the market.”
Onion retail prices rising gradually
According to ministry data, retail onion prices have been increasing gradually over the past few weeks. Onion was priced at Rs 37 per kg in Delhi and Chennai, Rs 39 per kg in Mumbai and Rs 43 per kg in Kolkata. The ministry further said that the arrivals of late growing Kharif (summer) onions are stable and expected to remain stable from March 2022 till the arrival of Rabi (winter) crop.
Price 22 percent lower than last year
Till February 17 this year, the all-India average price of onions was 22.36 per cent lower than last year. According to the ministry, onion prices remained largely stable during the year 2021-22 due to effective market intervention through Price Stabilization Fund. Similarly, the all-India average retail price of potatoes was 6.96 per cent lower at Rs 20.58 per kg on February 17 as compared to the previous month.
Instructions to the states to keep the price of food items under control
So far, six states, Andhra Pradesh, Assam, Odisha, Tamil Nadu, Telangana and West Bengal have taken advances and a total of Rs 164.15 crore has been released as central share. These states have the funds and mandate to make necessary interventions to control the prices of essential food items. It said, “Other states have also been requested to constitute PSF for intervention at the state level to control the rise in prices of essential food items.”
Tomato price is coming down gradually
In the case of tomato, prices have declined during the last one month, though it has remained slightly above last year’s level. The all-India average price of tomatoes till February 1 was Rs 26.69 per kg, which is lower than the previous month. As arrivals pick up in North India, the prices will fall further in the coming week. The arrivals in South India will also increase in the coming week and will pick up pace by the end of February.
(with language input)