Onion prices in Telangana bringing tears to buyers

Poor yield in the neighbouring States of Andhra Pradesh, Maharashtra and Gujarat is the main reason behind the rising prices.

By Author   |   Published: 14th Nov 2017   10:44 pm Updated: 14th Nov 2017   10:45 pm
onion farmers
Representational Image

Karimnagar: Like other vegetables, the price of onions is increasing. The vegetable is bringing tears to the common man as there has been a spurt in the rate of onions during the past few months.

As it is an essential ingredient in most food items, people are forced to purchase onions. Unable to spend huge amounts to purchase the vegetable, the common man has reduced its consumption. Those who used to cut one or two onions to prepare a curry are now using only half to one onion.

Poor yield in the neighbouring States of Andhra Pradesh, Maharashtra and Gujarat is the main reason behind the rising prices. Using this as an advantage, traders are also creating an artificial shortage by blocking the stocks.

Three months ago, 1 kg of onion was available at Rs 15 in the market but now it has soared to Rs 50. Retailers are earning a profit of Rs 5 to Rs 10 by procuring the product from the wholesale market at Rs 40 to Rs 45.

Speaking to the Telangana Today, V Saritha, a housewife, said that it is impossible to prepare curries without onions. “The dish will lack taste if prepared without onions. Therefore, people were forced to buy them,” she said.

A private employee, Lanka Shankar said purchase of onions has become a burden while the prices of other vegetables were also skyrocketing. “Prices of all vegetables is above Rs 60 per kg. Surprisingly, the price of a kg of Chikkudukaya (broad beans) was Rs 90 and Beerakaya (ridge gourd) is Rs 80,” he said.

Everyday, around 1,000 tonnes of onions are required for the district. As local farmers are not cultivating the crop, onions are being brought from Maharashtra and AP.

A wholesale onion trader said that big traders began blocking the stocks when onion prices reached Rs 25 two months ago. “The prices soared to Rs 50 only because of artificial shortage. This price would continue till summer,” he said.