Tale of Onion- The Humble Vegetable (Download PDF)

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Tale of Onion- The Humble Vegetable

  • Onions are so ubiquitous on people՚s plates that fluctuations in the tuber՚s price can make or break electoral fortunes.
  • However, cultivators of the bulb seem to be perennially at the receiving end.
  • Indian Parliament removed Onion from the country՚s essential commodities list mid-September 2020.
  • The Lok Sabha and Rajya Sabha accomplished this by amending Essential Commodities Act, 1955.
Tale of Onion- The Humble Vegetable

Overview

  • The ECA was drafted at a time when India barely produced enough to feed its people.
  • It empowered the government to regulate the flow and distribution of essential commodities by controlling their trade and storage.
  • In a relief to common people, onion prices have come down.
  • The wholesale price of onion in Lasalgaon of Nashik, the country՚s largest onion market, has suddenly fallen.
  • It came down from ₹ 6,191per quintal to ₹ 1000 in a day.
  • Retail prices will also come down due to low wholesale prices.
  • Retail prices of onion are between 80 - 90 in many parts of the country.
  • It was feared that if the prices of onions were not controlled now, by Diwali prices would reach ₹ 1000 per kg.
  • But due to a drop in wholesale prices, retail prices will also be lower.

- Published/Last Modified on: March 10, 2021

Agriculture/Agro Industries, Down-to-Earth

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