Millennium Post

Price peeve: Govt to conduct raids on those hoarding onions

Concerned over escalating prices of onion, Delhi government on Friday decided to conduct raids on hoarders and asked retail traders to sell the vegetable at reasonable rates. The city government maintained that there was no shortage in onion supply in the city even as prices have increased to Rs 40 per kg in the retail market against Rs 20 per kg a month back.

Traders said the prices of onion have gone up due to two-and-half year high rates in the Maharashtra’s wholesale market on account of tight supply. Food and supply minister Harun Yusuf, after a meeting with representatives of wholesale fruits and vegetable markets and officials of his department, said government has decided to come down hard against hoarders of onion.

‘Against a daily demand of 400 tonnes, we are getting supply of 1,000 tonnes of onion. There is no scarcity of onions in Delhi. Currently we have a stock of 2,000 tonnes. The retail traders have increased the rates,’ the minister said.
In Mother Dairy’s Safal outlets, which has more than 400 stores in the NCR, onions are being sold at Rs 36-37 per kg while local vendors are charging Rs 40 per kg.

Azadpur Mandi’s Onion Merchant Traders Association president Surendra Budhiraj said that wholesale rates in Delhi have increased to Rs 22-27 per kg since the past one week as supply from Madhya Pradesh has come down substantially due to rains. Yusuf said he has asked agricultural produce marketing committee, which runs the Azadpur wholesale fruits and vegetable market, to publish the wholesale prices of major vegetables in newspapers on a daily basis for people.
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