Onion prices surge to Rs 70-80 per kg; Centre mulls imposing stock limits
Updated : September 23, 2019 06:29 AM IST
The Centre is mulling imposing stock limits on onion traders as the retail prices of the key kitchen staple have shot up to Rs 70-80 per kilogram in the national capital and other parts of the country owing to supply disruption in the wake of excess monsoon rains in the major growing states.
Onion prices are on the rise despite several measures taken by the central government to boost supply.
It is a short-term supply disruption and if the situation does not normalise in the next 2-3 days and prices rise, then the government may consider seriously imposing stock holding limits on onion traders.
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