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Amit Shah holds meet on onion prices

Dec 5, 2019, 21:11 IST
PTI
New Delhi, Dec 5 () As onion prices continue to rule high at above Rs 100/kg in most cities, Home Minister Amit Shah on Thursday reviewed progress made in the import of key kitchen staple to boost domestic supplies and check spiralling prices.

Commerce Minister Piyush Goyal and Agriculture Minister Narendra Singh Tomar were among the ministers who attended the meeting. Food and Consumer Affairs Minister Ram Vilas Paswan could not attend the meeting due to health reasons, officials said.

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Cabinet Secretary Rajeev Gauba, Advisor to Prime Minister P K Sinha and Consumer Affairs Secretary Avinash Srivastava were also present in the meeting, the officials added.

The home minister reviewed the progress made in the decisions taken in the last meeting with respect to facilitating speedy import of onion that would help improve availability and cool prices.

The consumer affairs secretary, who made a presentation on the onion price situation in the meeting, informed that state-run MMTC has contracted import of over 21,000 tonnes of onion from Egypt and Turkey and the shipments are expected to arrive by mid-January.

The secretary said that tendering and fumigation norms have been eased to facilitate early arrival of the imported onions. MMTC has been directed to issue two country specifics tenders and one global tender for 5,000 tonnes each, the sources said.

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He also apprised that stock holding limits on retailers and wholesalers have been reduced further to 5 tonnes and 25 tonnes, respectively, to check hoarding. Already, onion exports have been banned and supplies are being improved through buffer stock as well, the sources added.

Onion prices have been ruling high for past few weeks due to fall in production of the Kharif production due to unseasonal rainfall in the key growing states, including Maharashtra. LUX ACB MR

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)
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