Centre's steps help to cool off onion prices

-The Hindu

Onion producers, however, have called an agitation, with one farmers’ group threatening a strike if the export ban is not lifted.

Onion prices in Delhi have dropped below the Rs.60 a kg mark in the retail market for the first time in two weeks, as the Central government’s measures, imposing stock limits and banning exports, took effect, cooling off the prices in most parts of the country.

Onion producers, however, have called an agitation from on October 7, with one farmers’ group threatening a strike if the export ban is not lifted. Maharashtra, a major producer, is heading to the Assembly election this month.

According to data from the National Horticultural Board, retail prices for the vegetable in the capital dropped to ?55 a kg over the weekend, the first dip since September, when it rose to Rs.65 a kg. In fact, many Delhi consumers were buying onions for Rs.80 a kg in late September, while the price shot up to Rs.100 in Hyderabad.

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The Hindu, 7 October, 2019, https://www.thehindu.com/news/national/centres-steps-help-to-cool-off-onion-prices/article29612144.ece?homepage=true

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