Onion price spike is partly due to manipulation by traders: Consumer Affairs Secretary
The Hindu
Union Consumer Affairs Secretary Rohit Kumar Singh maintains a watch on the prices of almost all essential grocery items, vegetables and milk products on a daily basis through the price monitoring cell of his Ministry.
Ahead of the festival season and Assembly elections in five States, the rising prices of several essential items are creating a headache for BJP-ruled governments. For instance, onion prices, according to government data, are more than double last year’s rates. The Centre has taken several steps to combat this, including export curbs on onions, foodgrains and sugar.
Union Consumer Affairs Secretary Rohit Kumar Singh maintains a watch on the prices of almost all essential grocery items, vegetables and milk products on a daily basis through the price monitoring cell of his Ministry. In an interview with The Hindu, Mr. Singh said that recent measures have started showing results and prices are becoming more stable. Edited excerpts:
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