Moneycontrol Be a Pro
Get App
you are here: HomeNewsIndia
Last Updated : Nov 09, 2019 10:06 AM IST | Source:

Explained | Why are onion prices skyrocketing?

The prices of onions in some Indian states have risen to as much as Rs 100/kg, forcing the Centre to facilitate imports. Sakshi Batra tells you all you need to know about why onion prices are so high.

Onion prices are skyrocketing due to low procurement from producing states. It has reached Rs 100 per kilogram in a few states.

Moneycontrol's Sakshi Batra explores the reasons leading to soaring onion prices and what could be the implication of this on headline inflation.

Watch the video for more details

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Nov 9, 2019 10:06 am
Follow us on
Available On