Onion prices up 59%, govt ramps up 'Kanda Express' supplies to cool market
The Centre has started moving bulk onion stocks through dedicated railway rakes the 'Kanda Express' from Nashik in Maharashtra to major consuming centres, as part of efforts to augment supplies and check the seasonal rise in prices, a Consumer Affairs Secretary Nidhi Khare said on Monday.
Stocks currently being loaded onto these rakes are expected to reach the identified centres by Wednesday, she said.
PRICES UP SHARPLY ------------------------- Data maintained by the ministry shows the all-India average retail price of onion rose 59 per cent year-on-year to Rs 43.53/kg on August 24, from Rs 27.37/kg a year ago.
The average wholesale price was up 68 per cent at Rs 35.58/kg, against Rs 21.23/kg in the year-ago period.
Among major cities, retail onion prices on Monday stood at Rs 60/kg in Chennai (Rs 33 a year ago), Rs 55/kg in Delhi (Rs 35) and Rs 53/kg in Kolkata.
"Initially, the onion will be supplied to five major consumption centres, namely Chennai, Madurai, Delhi, Ernakulam
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