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Govt decides to import 1 lakh tonnes of onion to control price rise

11 Nov 2019 Evaluate

In order to control price rise of onion which shot up to about Rs 100 per kg in the retail market, the government has decided to import 1 lakh tonnes of onion. While state-owned trading firm MMTC will import onions, cooperative National Agricultural Cooperative Marketing Federation of India (NAFED) will supply the key kitchen items in the domestic market.

Food and Consumer Affairs Minister Ram Vilas Paswan has said that the government has taken a decision to import one lakh tonnes of onion to control prices. He added that the MMTC has been asked to import onions and make it available for distribution in the domestic market, between November 15 and December 15 period.

Paswan further said NAFED has been directed to supply imported onions across the country. Recently, onion prices have risen sharply for more than a month due to tight supply. As per the trade data, the retail prices have increased up to Rs 100 per kg in the national capital and ruling in the range of Rs 60-80 per kg in other parts of the country.

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