Onion prices soar as 'middlemen' line their pockets
- 5 years ago
The large difference between wholesale and retail prices of onions in markets such as Delhi, Indore, Chandigarh and Mumbai has taken the government by surprise despite several steps announced by it, including an advisory to states to crack down on hoarding and speculation.
Data available with the government showed that last week, the key kitchen ingredient was available for Rs 12.75 a kg in the wholesale market in Delhi. But the retail price was Rs 24, nearly twice the level. "It is quite surprising that the price doubles from the time it leaves Azadpur mandi. Middlemen seem to be charging a huge premium," said an official.
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Data available with the government showed that last week, the key kitchen ingredient was available for Rs 12.75 a kg in the wholesale market in Delhi. But the retail price was Rs 24, nearly twice the level. "It is quite surprising that the price doubles from the time it leaves Azadpur mandi. Middlemen seem to be charging a huge premium," said an official.
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