Efforts to ease onion prices bearing results, says government

Onion prices had started rising from the first week of October, 2021, due to rains that disrupted the supply chain. “In order to cool down prices, the Department of Consumer Affairs has taken up calibrated and targeted release of onions from the buffer on First-in-First-Out (FIFO) principle, guided by the twin objectives of moderating prices and ensuring minimal storage loss,” said the Department of Consumer Affairs in a release.

from Economy-News-Economic Times https://ift.tt/3k4kOq6