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Nationwide average retail price of onions down 60% since last year

All-India average retail price of onions has dropped by 60 per cent this year to Rs 40 per kg on timely government interventions to boost the supply, Consumer Affairs Secretary Leena Nandan said on Thursday. Speaking to PTI, Nandan said there has been a sharp drop in onion prices across the country.

“In one month alone, the all-India average retail price of onion has dropped by 33.33 per cent to Rs 40 per kg today from Rs 60 per kg on November 30 this year,” she said

Since December 31, 2019, when the nationwide average price was as high as Rs 100 per kg, it has fallen to Rs 40 per kg now, giving much relief to consumers, Nandan said. In the national capital, the average price is even lower at Rs 30 per kg as on Thursday, as compared to Rs 100 per kg on December 31, 2019, she said.

In Mumbai, the average price was Rs 48 per kg on Thursday as against Rs 93 per kg a year ago, while it has fallen from Rs 90 to Rs 40 per kg in Kolkata and from Rs 85 to Rs 42 per kg in the said period, according to data maintained by the Consumer Affairs Ministry.

However, private traders said retail prices of onions vary depending on the quality and locality when compared with the government price data.

Nandan said the 60 per cent decline in the nationwide average price has been possible due to timely government interventions taken since September.PTI