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The price of onions surged significantly on Saturday, nearly doubling from the previous rate, thereby placing additional strain on household budgets. The sudden and substantial increase in onion prices is being attributed by onion traders to a shortage in the supply of this essential kitchen staple.
The price of onions in the national capital on Saturday witnessed a huge increase to almost double the previous price affecting household budgets. Onion Prices Increased in Delhi: Onion Prices Soar in National Capital; Traders Blame It on Supply Shortage (Watch Video).
Onions are currently being offered in the National Capital Region (NCR) for between Rs 50 and Rs 60 per kilogram in a variety of shops, including online grocery stores.
According to senior trade sources, the sowing of kharif onions in the southern states of Karnataka and Andhra Pradesh was low as farmers incurred losses in the last two years. Below normal rainfall in these states has further reduced the onion production. The country will now get its next new harvest of kharif onions from Alwar in Rajastan.
In the National Capital Region (NCR), onions are now being sold at Rs 50-60 per kilogram in various markets, including online grocery stores, marking a substantial hike from prices observed just two weeks ago.