The decision was taken in a review meeting on Thursday, even as the prices of onions and shallots (small onions) have risen to Rs 90 and Rs 120 respectively in the last week
As per Union Consumer Affairs Ministry data, onion prices ruled at Rs 51 per kg in Delhi, at Rs 65 per kg in Kolkata and at Rs 67 per kg in Mumbai on Tuesday
The move looks to ensure increased availability of the commodity at a time when wholesale price inflation for onion stood at (-) 34.48 percent in August
Govt to allow onion export from 15 March as kitchen staple's price stabilises; decision to boost farmers' income: Piyush Goyal
The government last week decided to lift nearly six-month-old ban on onion export as prices are likely to fall sharply due to bumper rabi crop.
Krishnapuram onions are not used in kitchen due to their size and pungency. The onions are imported by Thailand, Hong Kong, Malaysia, Sri Lanka and Singapore.
The Centre may soon offload imported onions at a highly subsidised rate of Rs 22-23/kg, down around 60 percent from the current offered rate, as it apprehends rotting of the perishable kitchen item at ports, sources said on Thursday
Govt pegs 7% rise in onion output to 24.45 million tonnes this year; sees production fall in major fruits
The government on Monday projected the country's overall onion production to increase by seven per cent to 24.45 million tonnes in the current 2019-20 crop year, which may bring relief to consumers from high prices seen in the last few months
The government is considering lifting the ban on exports of onion as fresh arrival of the commodity has started softening its prices in the domestic market, an official said
States shun imported onions despite Centre offers at Rs 55 per kg landed cost; govt fears stock may rot in godowns
Forced to import onions to check spike in prices, the Union Government now fears that the key kitchen staple may rot in godowns as states have shown little interest in buying them despite its offer to bear the transportation cost
Retail inflation rose to about five-and-half year high of 7.35 percent in December 2019, surpassing the RBI's comfort level, mainly due to spiralling prices of vegetables as onions were selling costlier
Retail inflation probably breached RBI target in December; rising onion prices contributed to surge: Report
Last month, onion prices—an important food in households—soared tenfold, contributing to a surge in food inflation that has picked up steadily since March
First batch of 790 tonnes of imported onion reach Mumbai; 12,000-tonne kitchen staple expected to arrive by month-end
The first batch of imported onion weighing 790 tonnes has reached India and some quantities are being distributed to Delhi and Andhra Pradesh at a landing cost of Rs 57-60/kg, a senior Consumer Affairs Ministry official said on Monday
At the heart of India's onion problem is the misalignment of risk and reward. In well-functioning financial markets, he/she who takes the greater risk, gets the greater reward. In onions, that is broken. The farmer takes the risk — of climate, of water, of market — yet shares very little of the reward.
Onion prices up 10-fold this year but imports from Afghanistan, Turkey take off further sting from spiralling rates
MMTC has contracted 11,000 tonnes of onion imports from Turkey and the consignments are expected in January next year.
Onion prices remain high across major cities; average rate Rs 100 per kg, highest Rs 165 per kg at Panaji
According to the data, onion prices are ruling at Rs 96 per kg in the national capital, Rs 102 per kg in Mumbai, Rs 100 in Chennai and Rs 140 per kg in Kolkata
The nutritional value of onions is usually disregarded since it is rarely the main ingredient of a meal.
Onion price hike impacts 2-5% profitability of restaurants; small hotels increase rates but large ones on wait-and-watch mode
The price of onions shot up to a whopping Rs 200 per kg in Bengaluru due to severe short supply in the market while prices hovered around the Rs 130-150 bandwidth in Mumbai
Social worker files criminal complaint against Union minister Ram Vilas Paswan in Bihar over onion price rise
A criminal complaint case was filed against Union minister Ram Vilas Paswan in Muzaffarpur Civil Court on Saturday for "misleading and cheating" people on the rise in the price of onions.
Onion prices will stay high for some time; restrain or abstain like Sheikh Hasina, Nirmala Sitharaman
The delayed arrival of monsoon in the onion-growing regions affected the early Kharif crop.
#SayItLikeNirmalaTai dominates Twitter trends following FM's 'I don't eat much onion-garlic' remark; Sitharaman claims being 'being quoted out of context'
Sitharaman, who was replying to the debate on the first batch of supplementary demands for grants for 2019-2020 also said that onion price surge was due to factors such as a reduction in the area of cultivation and production.