Onion prices: Centre keeping close vigil, says FM
13-December-2019
Finance Minister Nirmala Sitharaman on Friday said that the Central government is closely monitoring onion prices which have exponentially shot up recently.
According to the minister, the situation is gradually improving with increased shipments of onions coming into the country.
Replying to a query on the rising onion prices, the minister replied: "Onion prices have started to fall in some places from their peak levels, although they have not declined as per requirement."
"We have a Group of Ministers which is reviewing (the sitaution) on almost every one or two days gap and deciding on how to furter take up import related issues...."
Lately, excessive rains reduced onion supplies, thereby, exponentially increasing prices. In some parts onions has started to cost around Rs 150 per kg.IANS
Hyderabad BJP Candidate Booked For Hurting Religious Sentiments
BJP Loses Veteran Malikayya Guttedar to Congress Ahead of Lok Sabha Elections
ED Attaches Rs 97.79 Crore Worth of Properties Belonging to Raj Kundra Under PMLA
ISRO's Former Director Cites Probability Theory in Support of Possible Alien Existence
Gaming Startup LightFury Raises $8.5 Million to Develop AAA Titles in India and UK