Onion price shoots above Rs100 per kg in several parts of India
New Delhi : If you like to eat onions a lot in your daily food then your regular meal price has gone up significantly. In most parts of India, the onions are being sold at a price tag above Rs 100 per KG.
Particularly in Chennai, they are being sold at Rs 120 per kg that 150% higher than the price of onion one month before. The rate is high when considering the fact that on October 27, the selling price of one kilogram of big onions was Rs 48. That’s a jump of 150% in just a month.
With an unprecedented hike in the price of onions, several households have cut down the usage of onion in their meals. A lot of them have also started hunting for places where they can buy onions at a bargain.
Cause of price hike
According to an official of the Tamil Nadu’s Department of Agriculture, the state does not have enough onion belts to cater the need of the state. “We have massive quantities of small onions coming in from Trichy-Ariyalur-Perambalur belt and Tirunelveli belt, but for big onions, we are substantially dependent on Maharashtra,” he said.
A flood in Maharashtra has also been cited as one of the biggest reasons in less production of the onion. “The demand is increasing day by day. But the supply is not matching up to it, mainly due to the floods. Hence the price has shot up,” said the official.