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consumer affairs: Onion prices soar in multiple parts of country; buyers request further govt intervention

The government recently imposed Minimum Export Price for onions and procurement of additional 2 lakh tonnes of onion for buffer stocks.

onion: Onion prices in Delhi s retail mkt rise to Rs 65-80 per kg; Centre selling at Rs 25/kg from buffer stock

With stored rabi onion getting exhausted and delay in the arrival of the kharif onion, there is a tight supply situation, resulting in price increases in both wholesale and retail markets, the official added. He also mentioned that the government has doubled the buffer onion stock for the current year and this should improve domestic availability and check prices in the coming days.

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