Onion prices, which are ruling as high as Rs 70-80 per kg in some parts of the country, will calm down in the next few days with supply being boosted through agencies like Nafed, Agriculture Minister Narendra Singh Tomar said on Tuesday.
Onion prices have gradually increased in the last one month due to supply disruption from flood-hit onion-growing states like Maharashtra. Last week’s rainfall has further affected the supply, due to which onion prices have surged up to Rs 70-80 per kg in the national capital and other parts of the country, as per trade sources.
“Onion situation will improve in the next few days. Cooperative Nafed is releasing stock from the central buffer at a lower price. We have enough stock of onions,” Tomar told reporters after the launch of two mobile apps for farmers.
The government is aware of the onion situation and taking measures to balance in the interest of both farmers and consumers, he said.