Nowadays the festive season is going on. In such a situation, there is worrying news for the common people about inflation. For your information, let you know that onion prices have already caught fire before Diwali. Its price has been increased by Rs 20 per kg. This has greatly affected the pocket of the general public.
As the time of festivals comes, inflation has started showing its colours once again. This has shaken the budget of the general public. Onion prices, in particular, have gone on fire. Onion sold at Rs 30 to 35 per kg has currently crossed Rs 45. In Andhra Pradesh, the price of one kg onion has reached Rs 50. This means that its price has increased by up to Rs 20 a kg. It is being said that its prices may increase further in the coming days. In such a situation, the price of onion has once again increased the concern of the people.
In Visakhapatnam, Andhra Pradesh, onion is being sold at Rs 50 per kg. At the same time, the price of onion in Rythu Bazar is Rs 40 per kg. Also, experts have pointed out, that the arrival of monsoon this time was delayed. In such a situation, its effect has also been seen on the onion crop. This is the reason that the new produce of onion has not yet arrived in sufficient quantity in the market. Due to this, prices have also increased significantly.
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According to an analysis by the Times of India, traders said onions are supplied across Andhra Pradesh from Ranul and Bellary in Karnataka. But, the supply of onion from both these places is falling far short of the requirement. This led to a huge onion problem in Andhra Pradesh. In such a situation, traders here are buying onions from Maharashtra. This is the reason that the price of onion is increasing due to rising costs. For information, let us know that 600 tonnes of onion arrives daily in Andhra Pradesh.
For your information, let us know that normally this time due to the delay in rain, onion cultivation has also been delayed by about 120 days. According to traders, new onion produce will start coming to the markets from the first week of November. After this, there may be some decline in onion prices. However, people will have to wait a bit for this.