Business

India to sell onions from reserves to check prices, official says

In this photo taken on May 21, farmers gather for auction at an onion market in Nashik. Photo: AFP/File

The Indian government will sell onions from its reserves to cool high prices, a top official at the consumer affairs ministry told reporters on Monday.

Earlier this month, the government had removed a floor price on onion exports after a spate of export curbs on farm goods fuelled anger among farmers.

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India to sell onions from reserves to check prices, official says

In this photo taken on May 21, farmers gather for auction at an onion market in Nashik. Photo: AFP/File

The Indian government will sell onions from its reserves to cool high prices, a top official at the consumer affairs ministry told reporters on Monday.

Earlier this month, the government had removed a floor price on onion exports after a spate of export curbs on farm goods fuelled anger among farmers.

Comments