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[BUSINESS] · India · 10 sources

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Onion prices rise in Delhi as government releases buffer stocks

Onion prices have risen significantly in Delhi, with wholesale rates reaching approximately 50 rupees per kg and retail prices in some areas climbing as high as 80 rupees per kg. In response to the price surge, the central government is implementing measures to moderate seasonal pressures by releasing buffer stocks through a hybrid transportation model, including the ‘Kanda Express’ railway service and road transport.

To ensure affordability, the central government has sold approximately 669 metric tonnes of onions at a controlled rate of 35 rupees per kg through various channels, including the e-NAM portal and mobile vans. Additionally, the Delhi government, led by Chief Minister Rekha Gupta, announced that 1,000 metric tonnes of onions will be supplied to the capital to be sold at 35 rupees per kg via fair price shops and mobile vans across all 13 districts.

These interventions aim to prevent shortages and protect household budgets from the impact of rising essential food costs. The government has also reported paying 210 crore rupees directly to 3,400 farmers as part of these initiatives.

Entities

C. Joseph Vijay · Delhi · Delhi Government · Food Corporation of India · Government of India · NCCF · National Cooperative Consumers’ Federation of India · Rekha Gupta · Tamil Nadu · Tamil Nadu Civil Supplies Corporation