Onion prices tearing apart family budget
Over the past two months, onion prices have spiralled by 60% and dealers blame it on excess rainfall and increased transportation and labour costs.kolkata Updated: Aug 12, 2013 11:50 IST
Your favourite curry seems to have lost its flavour, with onion prices burning a hole in your pocket.
Bhowanipore homemaker Pinky Shah used to buy 3 kg of onions every week. Now, she manages with just a kilogram.
The rise in onion prices is literally bringing tears to the eyes of Kolkatans.
Over the past two months, onion prices have spiralled by 60%. Dealers blame it on excess rainfall and increased transportation and labour costs.
On Sunday, onion was selling at R45- 50 in the retail markets. Last week, it was around R30.
“Supply from Andhra Pradesh and Nashik (Maharashtra) has dried up. Add to this the excess rainfall which leads to the rotting of produce,” Prabhat Kumar Das, spokesman of the West Bengal Onion Traders’ Association, said.
“Floods in the onion-growing states have mainly led to the price rise. The middle- and lower-class have been the hardest-hit. Price of vegetables are also on the rise,” Shibu Kundu, a vegetable vendor at Jadu Babur Bazaar, said.
The price rise is the result of an acute shortfall in onion supply. Torrential rain in Maharashtra, the country’s largest onion-producing state, has affected supply in the local markets of Bengal.
“The price of onions is expected to come down in the coming days after the peak monsoon season gets over”, added Kundu.