Agriculture Minister Shivraj Singh Chouhan said that onion prices are on the rise because the Central government has lifted the export ban on the kitchen staple in favour of the farmers.
It should be noted that the skyrocketing prices of onions are significantly impacting households and consumer habits, leading to volatility in the wholesale markets. In big cities like Delhi and Mumbai, the prices of onions per kg reached a five-year high in November.
As per the government, the increase in prices of onion was on account of a shortfall in production in 2023-24 by about 20 per cent each in Kharif, late Kharif and Rabi, over the previous year due to less rains in major producing areas.
The farmers and the traders were disagree with the Centre's decision to impose 40 per cent export duty on onions amid a rise in its prices.
The sharp price hike of onions started a meme fest on social media. While many memes were about how rich the Jain community will be since they don't consume onions, many others felt that Onions are the diamond in the vegetable world.
Nayyar, a resident of Muzaffarpur town, in his complaint said that Paswan has failed to check onion prices despite being the union minister for consumer affairs, food and public distribution.
As onion prices crossed Rs 150 a kg in Mumbai and urban centres, and hovering around Rs 125 a kg in rural areas, the Agricultural Produce Marketing Committees (APMC) in Maharashtra said here on Saturday that new stocks have started trickling in the markets.
The onion prices are skyrocketing due to unseasonal rains in producing states. The price of onion was ruling at around Rs 120/kg in Mumbai, Chennai and Kolkata, while it was around Rs 100/kg in Delhi on Friday, as per the ministry's latest data.
Sisodia urged the central government to release 10 trucks of onion everyday, saying "we are well prepared with the complete machinery to sell onions at a lower price". "Though the rates of onion have increased in entire country and people are unhappy across the country, but it appears that in Delhi central government is deliberately creating the scarcity of onion. Delhi government is asking for onions but the central government is not giving. Central government has stopped giving onion to the Delhi government.
"Stockholding limit on retailers and wholesalers are being further extended until further orders," an official statement said. The stock holding limit was imposed in September. At present, retailers can stock onion only up to 100 quintals and wholesale traders are allowed to keep up to 500 quintals.
Onion prices have shot up to Rs 80/kg in the retail market due to 30-40 per cent decline in domestic production and the government is taking all steps to contain the price rise, Union Food and Consumer Affairs Minister Ram Vilas Paswan said on Wednesday.
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