Onion stock limit for retailers lowered to 2 tonnes


New Delhi, Dec 10 (IANS): In the battle to check surging onion prices, the government here on Monday further revised the stock holding limits for retailers from 5 tonnes to 2 tonnes, but kept it unchanged at 25 tonnes for wholesalers.

The new stock cap is not applicable for importers.

The decision to reduce the stock limit for retailers was taken by the Union Ministry of Consumer Affairs as a measure to check hoarding and boost supply in the domestic markets, said an official statement.

Last week, the Centre had halved the onion stockholding limits for retailers and wholesalers from 10 tonnes to 5 tonnes and 50 tonnes to 25 tonnes, respectively.

The government is also trying to step up inward shipment of onions and has decided to import over 100,000 tonnes of the vegetable, the first consignment of which may reach the Mumbai Port in the next few days.

Earlier in the day, Union Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan said the first consignment of imported onions is likely to arrive by December 15.

The retail prices of onion were ruling over Rs 100 a kg in the several cities on Monday.

  

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Comment on this article

  • Abdul Rafiq, Dubai

    Tue, Dec 10 2019

    The problem is all onion traders and baniyas are bhakaths and everybody knows bhakaths only think for themselves and for their profits at the cost of other indian citizens...
    BJPeee will not tell its moneyed bhakaths to reduce their margin on onions....

    DisAgree Agree [2] Reply Report Abuse

  • YOGI THUNTA, MANGALURU - NEAR PUMPWELL CIRCLE

    Tue, Dec 10 2019

    What kind of GOVT it is which cant control after all ONION !!! Nirmala should reduce her EGO and ARROGANCE as her masters suffering from the both modern time diseases. There are lack of followers for the IDIOT NITHYANANDA then why not BJPeeeee ONION MATHA KI JAI HO ONION SWAMI KI JAI HO

    DisAgree Agree [2] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, Dec 10 2019

    Chicken is cheaper than Onions ...

    DisAgree Agree [2] Reply Report Abuse


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