Onion price rise making holes in public's pocket amid festive season - Punjabi News

Published on: 01 Nov 2023 at 11:09 AM

Onion price rise making holes in public’s pocket amid festive season

Published by: thefactnews

The Fact News Service

Bhopal/Indore, November 1

A sudden price rise of onions is making holes in the pockets of the public amid the festive season.

The price of onions increased four times to Rs 80 a kg in the state capital Bhopal and thrice to Rs 60 a kg in Indore. Consumers are upset with the price rise yet are forced to buy as it is a necessary vegetable.

Usually, the price of onion in Indore’s Rajkumar Mandi used to be around Rs 20 a kg, but in the last a few days it has reached Rs 60 a kg. The traders claimed the less arrival of onion in the mandi is the reason for the sudden hike in the onion price.

Traders said that the prices of onions would continue to rise till Diwali festival and after that when new onions would arrive in December, then the prices would decrease.

Onion prices may further increase from Rs 60 to Rs 100 a kg. The effect of inflation is also seen in the customer base, people are buying onions in very less quantities, the trader added.

Consumers buying the onions said that the prices increased so much that they had to reduce the use of onions and the kitchen budget also got disbalanced.