Skyrocketing onion prices may ease after Diwali: Govt

October 25, 2013 21:49

Onion prices continued to reign at as much as Rs 100 a kg in major cities, with the government indicating that rates may start falling after Diwali.

Blaming hoarding for the price rise, Food and Consumer Affairs Minister K V Thomas asked traders not to "loot" consumers. He also said there was no need to be "alarmed" about the crisis as prices would cool down in the next 10 days, with improved arrivals from the domestic and overseas markets.

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