Onion prices soar: Govt expresses concern, traders blame short supply - News Summed Up

Onion prices soar: Govt expresses concern, traders blame short supply


The wholesale rate for the vegetable hit a high of ₹40 a kilo. Gauging the spiraling onion prices, Delhi government officials expressed concern over it turning out to be a recurring phenomenon. Traders in the Azadpur fruit and vegetable Mandi blamed the high prices on limited supply. “Onion supply has been low compared to the demand. A major reason for the low supply is that the production itself has been less this year,” said Rajendra Sharma, a trader and former chairman of the Azadpur mandi.


Source: Hindustan Times November 28, 2017 17:37 UTC



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