Onion prices likely to dip in Delhi as ‘Kanda Express’ on way
Onion prices in Delhi are likely to dip with the arrival of the Centre's 'Kanda Express' in the national capital on Sunday, as per reports.
Onion prices in Delhi are likely to dip with the arrival of the Centre's 'Kanda Express' in the national capital on Sunday, as per reports.
The targeted release of onion from the government’s buffer aims at making the essential vegetables available to consumers at affordable prices.
The annual rate of inflation based on the all India Wholesale Price Index (WPI) number has risen marginally to 0.53 per cent for March 2024, the government said on Monday.
The government has directed the NCCF and the NAFED to start buying 5 lakh tonnes of onion for the country’s buffer requirement directly from farmers as the Rabi-2024 harvest has begun arriving in the market, the Food Ministry said on Tuesday.
In a surprising turn of events, India has extended its ban on onion exports indefinitely, sending ripples through both domestic and international markets.
Spelling relief ahead of Navratri and Diwali festivals, the onion traders on Tuesday morning resumed the auction of the teary vegetable in all the APMCs in the district after calling off their 13-day long strike late on Monday.
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Late Kharif onion arrivals are steady and expected to remain so till the Rabi arrival from March 2022.
Most importantly, the government helmed by Begum Hasina has taken exception to the fact that Bangladesh had not been informed in advance before the ban on the export of onions was imposed.
