KNOW YOUR ONIONS:WHO
LET THE PRICE RISE
A Twitter user tweeted, “Forget the Nike,
Zara and Lacoste sales. I’m waiting for my
localsabsiwalla’s (vegetable seller’s) onion
Inflation rose to 4.86 per cent in June,
driven mainly by rising prices of food
articles, especially vegetables
including onion. Inflation based on the
Wholesale Price Index (WPI) had stood
at 4.70 per cent in May.
Inflation in onion shot up by 114 per
cent in June, from 97.40 per cent in
the previous month.
Why onion prices are so high
Farmer sells to trader for Rs. 20 per kg.
Trader sells to wholesaler for Rs. 30-80 per
"It's a straight fact. Onion prices have gone
up. Due to heavy rains, a lot of the crop is
damaged," said Sharad Pawar, Union
"We cannot understand this price rise,
because the arrivals are still alright. There
are no reports of any major damage to the
crops," said Sanjeev Chopra, MD, NAFED.