The onions are being imported from Egypt. Following reports that wholesale prices of top grade onion jumped to Rs 5,400 per 40 kg bag at Nasik, a week-old onion stock at the city's Posta wholesale market rose to Rs 125 a kg on Wednesday, sources told PTI.
This indicates that best quality onions in the retail market is inching closer to the Rs 150 per kg-mark.
Though state agencies are keeping a close watch on the wholesale markets, they do not propose to put a cap on the price, at least for now, as officials fear it will worsen availability.
If NAFED is successful in delivering the onions in time, the state government has a proposal to distribute these through fair price shops, a source said.
There is a lag of at least five-seven days before Nasik onions can be sold in the city's wholesale markets. Freight accounts for Rs 5 a kg from Nasik to Kolkata.
State officials blamed the Centre for the crisis.
"The intervention by the Centre is late. The import order should have been placed at least a month back to avert such massive price rise," an official said.
"If we were allowed, we could have imported onions from Sri Lanka long ago at a much cheaper landed rate of Rs 55 per kg in Kolkata," he said.
The state government is selling onions at a subsidised rate of Rs 59 per kg through its 'Sufala' stores and mobile vans, as against a procurement cost of Rs 88 a kg.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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