People buy onions at an onion wholesale market in Kolkata, India, Sept. 25, 2019. Price of onions have increased to nearly threefold over the past couple of weeks in India, allegedly due to heavy damages rendered to ready-for-harvest crop in south-western state of Maharashtra, and other nearby areas, by incessant rains this year. Sold at a price tag of around 20 Indian Rupees a kilogram in Delhi, and other parts in north India, the commodity is now available at nearly 60 Indian Rupees a kilogram. (Xinhua/Tumpa Mondal)
NEW DELHI, Sept. 25 (Xinhua) -- Price of onions have increased to nearly threefold over the past couple of weeks in India, allegedly due to heavy damages rendered to ready-for-harvest crop in south-western state of Maharashtra, and other nearby areas, by incessant rains this year.
Sold at a price tag of around 20 Indian Rupees a kilogram in Delhi, and other parts in north India, the commodity is now available at nearly 60 Indian Rupees a kilogram.
In financial capital Mumbai, it is said to be sold at a price as high as 70-80 Indian Rupees a kilogram.
This is being described as the highest price escalation in the past four years.
The situation regarding the onion price hike is also bad in cities like Bengaluru and Chennai in south India, where onion is being sold for 60 Indian Rupees per kg. A similar price trend has prevailed in other parts of the country as well, said media reports.
The wholesale price of onion has touched 4,000 Indian Rupees per quintal, recording a hike of about 1,000 Indian Rupees per quintal in the recent months.
The excess monsoon in key onion producer states like Karnataka, Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, Uttar Pradesh, and Bihar, has not only burned a hole in common man's pocket but has also led to a shortfall in its supply, said a report in Business Today.
