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Onion prices drop in major cities after retail selling at subsidisedrate: Centre

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New Delhi: The government on Saturday announced that its retail sale initiative of onions at a subsidised rate has resulted in a significant drop in the
The government on Saturday announced that its retail sale initiative of onions at a subsidised rate has resulted in a significant drop in the price of the staple food item in major cities.
The Centre launched the retail sale of onion at the subsidised rate of Rs 35 per kg with the flagging off of mobile vans on September 5.
From September 5 till September 13, the prices of onions dropped in Delhi from Rs 60 to Rs 55; in Mumbai from Rs 61 to Rs 56 and from Rs 65 to Rs 58 in Chennai, according to the Ministry of Consumer Affairs.
The retail disposal started through outlets and mobile vans of the National Cooperative Consumers’ Federation Of India Ltd (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED) in major consumption hubs – Delhi and Mumbai – and was subsequently extended to other important locations like Chennai, Kolkata, Patna, Ranchi, Bhubaneswar, and Guwahati etc.

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