Apprehending further increase in onion prices from next month due to short supply, the government appears set to import the key kitchen ingredient to cool down domestic prices. While a formal decision is expected next week, sources said public sector companies have been asked to look at the possibility of shipping onion from Pakistan, China, Malaysia and Iran.

Officials said there are indications of wholesale prices in major mandis going beyond Rs 30 a kg, which may result in a further spike in the retail markets. In fact, there are indications of significant reduction in daily arrival in two major onion mandis - Lasalgaon and Pimpalgaon - this month. The decrease is sharp in Pimpalgaon. Even if domestic supplies are not impacted, the import back up is expected to check unnecessary profiteering, explained officials.


For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive