Why You May Not Shed Tears Over Onion Prices This Year

Why You May Not Shed Tears Over Onion Prices This Year
Photo courtesy: theprint

Onion prices are unlikely to pinch Indian household budgets this year as the Narendra Modi government has nearly completed the build-up of buffer stock to intervene in case of any unexpected price hike in the market.

Usually, the retail as well as wholesale prices of staple kitchen commodities witness a steep hike in the lean supply season between September and November. To tackle this, the Centre maintains buffer stocks to make price stabilising interventions while supporting farmers.

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Read more at: https://theprint.in/economy/why-you-may-not-shed-tears-over-onion-prices-this-year/717914/

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  • 20 Aug 2021
  • WerIndia

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