Page 5 - Minimum Export Price News Today

However, retail onion prices in the national capital remained elevated at Rs 78 per kg, data from the Department of Consumer Affairs showed on November 1, up from around Rs 40 per kg a fortnight ago.

Onion price today: The government has taken a number of steps to control onion prices, including releasing onions from its buffer stock and increasing imports.

With over 170 cities and 685 centers hosting dedicated onion sale stalls, this concerted effort aims to address the pressing issue of inflated onion prices across the country. 

Onion Price Hike Reason News: The recent surge in Onion prices have been a setback for common people as it is one of the main vegetables that is mostly used in all the food items. It is not for the first time that the price of onions have increased. There is always a fluctuation in the price of onions.

“The old contracts that were kept in abeyance because of sub-$1200 price per tonne are being shipped now. New orders are pouring in with large buyers from Turkey visiting India to pick up good volumes of basmati rice,” said Vijay Setia, a basmati exporter and past president of All India Rice Exporters Association (AIREA).

There has been an alarmingly sharp rise in the price of onions in India recently. Read more to know the reason why Onions are getting expensive, what is the reason behind the price hike.. - Why Are Onions Getting Expensive? Know Reason For Price Hike

The government recently imposed Minimum Export Price for onions and procurement of additional 2 lakh tonnes of onion for buffer stocks.

The onion prices have skyrocketed in the past few days. Know here the real reason behind this rapid rise.

Measures from the Central government have been taken to maintain sufficient availability of onion to domestic consumers at affordable prices as the quantity of stored rabi 2023 onion is declining.

Local vendors are selling onions at Rs 80 per kg while e-commerce portals such as Blinkit (previously Grofers), Swiggy Instamart, and Bigbasket are selling the vegetable at Rs 75 per kg.