Onion costs within the nationwide capital began inching up from October 25, when the charges had been at Rs 40 per kg. (File photograph)
The all-India modal value is Rs 60 per kg. In Delhi, onion costs have fallen to Rs 60 per kg.
All-India common retail onion value on Monday is ruling excessive at Rs 59.09 per kg, in keeping with the federal government knowledge. To management the worth rise, the central authorities, late final month, imposed a minimal export value of USD 800 per tonne to test exports and increase home provide.
Retail costs had shot up to round Rs 80 per kg on account of tight provide.
As per the info from the Consumer Affairs Ministry, the all-India common value of onion on Monday is ruling at Rs 59.09 per kg. The highest value was recorded at Rs 90 per kg, and the bottom at Rs 20 per kg.
The all-India modal value is Rs 60 per kg. In Delhi, onion costs have fallen to Rs 60 per kg.
Onion costs within the nationwide capital began inching up from October 25, when the charges had been at Rs 40 per kg. Rates doubled to Rs 80 per kg on October 29. Onion is grown in three seasons — kharif, late kharif and rabi. It is just rabi onion which is saved, as the range grown on this season has an extended shelf life.
On October 28, the federal government imposed a minimal export value (MEP) of USD 800 per tonne on onion exports until December 31 this yr to extend the supply of the vegetable within the home market and comprise costs. The determination got here into impact on October 29. The USD 800 per tonne MEP interprets into about Rs 67 per kg.
Besides, the federal government has additionally introduced the procurement of a further 2 lakh tonnes of onion for the buffer, over and above the 5 lakh tonnes already procured. The MEP is there for all kinds of onion besides Bangalore Rose and Krishnapuram onions and lower, sliced, or damaged in powder kinds.
The authorities stated that the step will assist preserve adequate availability of onion to home customers at reasonably priced costs as the amount of saved Rabi 2023 onion is declining.
The nation has exported about 15 lakh tonnes of onion until October 20 of this fiscal. The whole onion exports stood at 25 lakh tonnes within the 2022-23, as per the official knowledge.
The all-India common value of potatoes on Monday stands at Rs 25.24 per kg, whereas the typical charge of tomatoes is Rs 38.18 per kg.
In Delhi, costs of potatoes and tomatoes are increased at Rs 30 per kg and Rs 47 per kg, respectively.
(This story has not been edited by News18 workers and is revealed from a syndicated information company feed – PTI)
