Thursday, July 30, 2015

Onion prices shoot through the roof – get ready to have Pakistani onions


Onions have yet again brought the residents of Delhi to tears – with high-quality onion prices hitting Rs 50 per Kg due to limited supplies, government agencies have begun to take action. In order to keep the price in check, the SFAC and NAFED have started to sell onions via Safal and DMS retail outlets in the Delhi-NCR region.
This has been reported in zeenews.india.com dated 30 July 2015.
The Small Farmers Agribusiness Consortium (SFAC) and the National Agricultural Co-operative Marketing Federation (NAFED) have managed to procure 7,000-8,000 tonnes of onions from Nasik using the Price Stabilisation Fund (PSF). The price at Lasalgaon mandi in Nashik is Rs 31.50 per kg.
However, low-quality onions are still available for Rs 30-40 per kg. The bulbs from Rajasthan sell for Rs 20-30 per kg and those from Madhya Pradesh and Nashik are available at Rs 30-40 per kg.
NAFED has also floated a tender to import 10,000 tonnes of onions. Most probably, the source of supply would be Pakistan, China and Egypt. Gurdaspur may continue to happen but onions from across the border will bring back the smiles.
(Image courtesy wikimediacommons.org)

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