LIVE! Dry your tears: Govt to import onions as prices rise to Rs 80/kg

October 22, 2013 17:08

The government has decided to float tenders through THE National Agricultural Cooperative Marketing Fedration of India Limited (NAFED) to import onions.

The Centre today said the price spike in onions is due to artificial scarcity and asked the state governments to take firm action against hoarders.

The onion crisis has been continuing since the last three months and retail prices have risen back to Rs 80-90/kg in Delhi and other major cities because of severe supply crunch.

The government is also mulling banning onion exports to contain prices.

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