Onions now at Rs 22-23 per kg to avoid rotting at port

Published On: Thursday, January 30, 2020 | By: Team KnowMyStock

To avoid rotting at port, Government is now planning to sell imported onions at Rs.22-23 per KG. Currently, Central Government is offering imported onions to State Government at an average landed cost of Rs 58/kg. Government had decided to import 1.2 lakh tonnes of onion through state-run MMTC in November 2019. But since many states did not show interest as the retail prices started cooling down on arrival of fresh crop, tonnes of onions are being wasted.

Source: Financial Express

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