'Onion prices down significantly on steps taken by Delhi government'
The Congress government in Delhi on Saturday said prices of onions had come down significantly due to an initiative taken by it in the last couple of weeks and asserted that the rates would plunge further due to improved supply.
PWD Minister Raj Kumar Chouhan, who looks after the functioning of the wholesale fruit and vegetable markets, said that wholesale prices of onions on Saturday ranged between Rs 10-45/kg, resulting in a significant drop in retail rates.
"Onion prices have come down due to intervention by the government. Retail prices of onions witnessed a sharp drop over the last few days. It will come down further in the coming days," he said.
Concerned over the possible impact of high prices of the bulb during the upcoming state Assembly elections, the ruling Congress had taken a number of initiatives to stabilise rates, including directly procuring onions from Maharashtra and Rajasthan.
Congress had come to power in Delhi in 1998 riding on high onion prices which had been prevailing then.
The government had last week started selling onions at Rs 55/kg across the city through 125 mobile vans.
Prices of onions at retail markets in the city has now come down to Rs 60-70/kg after having touched Rs 100/kg a few days back.