Goa releases dues to onion traders to lower prices


Panaji, Dec 5 (IANS): With the price of onions scaling to Rs 170 per kilogram in the state's retail markets, Chief Minister Pramod Sawant on Thursday released Rs 15 crore in back payments owed by a state-run corporation to onion suppliers in a bid to bring down the escalating prices.

According to Pravin Zantye, Chairman of the Goa State Horticulture Corporation, prices of onions sold at kiosks operated by the corporation, which are currently at Rs 129 per kg, would come down over the next few days due to the subsidy amount released by the state government.

"The Chief Minister has sanctioned Rs 15 crore out of the total Rs 34 crore in dues which were owed to the suppliers of onions by the corporation. With the payment of the money to onion suppliers, the prices may come down over the next two to three days," Zantye told reporters here.

Zantye also said that currently the corporation sold onions at Rs 129 per kg, as compared to onions being sold in the retail market for Rs 170 per kg.

Zantye, however, said that according to his interaction with onion wholesalers, the prices of onions are expected to shoot upwards in the coming weeks due to unseasonal rains.

"The suppliers are saying that onion rates might go further up because the regions where onions are cultivated are still facing unseasonal rains," Zantye said.

  

LEAVE A COMMENT

Title : Goa releases dues to onion traders to lower prices


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image