Onion prices soar in Nepal as Dashain approaches

The Post quoted Indian media reports that the retail price of onions in Delhi, the capital of India, has risen to more than 70 rupees per kilogram, and in other areas it has risen to 80 rupees per kilogram. Since Nepal's onions rely on imports from India, the price has been pushed up. The current retail price of onions in India is at least 47% higher than a year ago. The Indian Federal Food Minister has ordered two government cooperatives to ship onions to sell onions at 35 rupees per kilogram. According to reports, commodities such as onions are politically sensitive, and when their prices rise, the Indian federal government usually intervenes. In the late rainy season every year, onions in major producing areas in India are damaged by natural disasters, production decreases, and prices rise. The chairman of the Potato and Onion Import and Export Wholesalers Association said that once the new harvest ...