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Onion price rise temporary phase, government boosting supply: Ram Vilas Paswan

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Published : Sep 17, 2019, 4:51 PM IST

Updated : Sep 17, 2019, 6:01 PM IST

According to the data maintained by the Consumer Affairs Ministry, the maximum retail price of onion was at Rs 56 per kg while the modal rate was Rs 44 per kg.

Onion price

New Delhi: Terming high onion prices as a "temporary phase", Union minister Ram Vilas Paswan on Tuesday asserted that they have enough supplies in buffer stock to check prices of the staple food that official data showed is ruling in the range of Rs 50-60 per kg in some parts of the country.

According to the data maintained by the Consumer Affairs Ministry, the maximum retail price of onion was at Rs 56 per kg while the modal rate was Rs 44 per kg.

Among metros, onion was quoting at Rs 34 per kg in Chennai, Rs 43 per kg in Mumbai, Rs 44 per kg in Delhi and Rs 45 per kg in Kolkata on Friday, the ministry data showed.

In some parts of the country, onion is ruling high at Rs 50-60 per kg depending on the quality and locality.

"It is a temporary phase. Every year we face this problem (price rise) in three main perishable commodities potato, onion and tomato. This year, it is an onion. However, we have enough supply in our buffer," Food and Consumer Affairs Minister Ram Vilas Paswan told reporters.

There was supply disruption because of floods in main-growing states like Maharasthra and Karnataka. Otherwise, the country has enough onion production and the Centre has also created a buffer stock of 56,000 tonnes to address any shortages, he said.

To keep a lid on onion prices, Paswan said, cooperative Nafed and NCCF, as well as Mother Dairy, are selling onion in the price-sensitive Delhi market at Rs 23.90 per kg. They are taking onions from the central buffer stock.

Read more: Xiaomi launches new smart TVs ahead of OnePlus in India

Delhi, as well as other state governments, have been asked to lift the stock from the buffer and boost supply in their states via civil supplies department and ration shops, he added.

State-run MMTC has been asked to import 2,000 tonnes of onions to improve the domestic supply.

The minister said to contain price rise, the government has taken several measures, including withdrawal of export incentives and increasing minimum export price. The government is also taking action against hoarders and black marketeers.

According to sources, production of Kharif (summer) onion has been affected due to floods, due to which the area sown under the crop is 10 per cent less. This is likely to affect production, which is likely to hit the market from November onwards.

At present, fresh onions are not available. It is mostly the stored one of the last year's crop.

New Delhi: Terming high onion prices as a "temporary phase", Union minister Ram Vilas Paswan on Tuesday asserted that they have enough supplies in buffer stock to check prices of the staple food that official data showed is ruling in the range of Rs 50-60 per kg in some parts of the country.

According to the data maintained by the Consumer Affairs Ministry, the maximum retail price of onion was at Rs 56 per kg while the modal rate was Rs 44 per kg.

Among metros, onion was quoting at Rs 34 per kg in Chennai, Rs 43 per kg in Mumbai, Rs 44 per kg in Delhi and Rs 45 per kg in Kolkata on Friday, the ministry data showed.

In some parts of the country, onion is ruling high at Rs 50-60 per kg depending on the quality and locality.

"It is a temporary phase. Every year we face this problem (price rise) in three main perishable commodities potato, onion and tomato. This year, it is an onion. However, we have enough supply in our buffer," Food and Consumer Affairs Minister Ram Vilas Paswan told reporters.

There was supply disruption because of floods in main-growing states like Maharasthra and Karnataka. Otherwise, the country has enough onion production and the Centre has also created a buffer stock of 56,000 tonnes to address any shortages, he said.

To keep a lid on onion prices, Paswan said, cooperative Nafed and NCCF, as well as Mother Dairy, are selling onion in the price-sensitive Delhi market at Rs 23.90 per kg. They are taking onions from the central buffer stock.

Read more: Xiaomi launches new smart TVs ahead of OnePlus in India

Delhi, as well as other state governments, have been asked to lift the stock from the buffer and boost supply in their states via civil supplies department and ration shops, he added.

State-run MMTC has been asked to import 2,000 tonnes of onions to improve the domestic supply.

The minister said to contain price rise, the government has taken several measures, including withdrawal of export incentives and increasing minimum export price. The government is also taking action against hoarders and black marketeers.

According to sources, production of Kharif (summer) onion has been affected due to floods, due to which the area sown under the crop is 10 per cent less. This is likely to affect production, which is likely to hit the market from November onwards.

At present, fresh onions are not available. It is mostly the stored one of the last year's crop.

Intro:Body:

New Delhi, Sep 17 (PTI) Tata Motors on Tuesday said it has tied up with location technology provider what3words for navigation services in its cars.

       The partnership will enable drivers to enter a three-word address by voice or text input and then navigate to that address. The technology provider has taken the entire world, divided it into 3mx3m squares, and assigned each square a unique identifier - made of three random words.

     The what3words system is available in 36 languages, including Hindi, Bengali, Tamil, Telugu and Marathi.

     "Tata Motors is proud to be the first automaker in India to collaborate with what3words... Our customers will now be able to navigate to accurate three-word addresses represented by what3words; offering a clear solution to a very visible problem related to the non-standard traditional address system," Tata Motors President - Passenger Vehicle Business Unit (PVBU) Mayank Pareek said in a statement.

     The three-word addressing will not only provide a more seamless navigation experience, but will also increase efficiency with drivers not spending a lot of time locating their destinations and reaching the precise location (within 3 metres of space) with minimum hassle and effort, he added.

     "India has a rapidly growing economy, but like many other countries, it still suffers from the big three infrastructure challenges - the unbanked, the unconnected and the unaddressed," what3words CEO and Co-Founder Chris Sheldrick.

     The company's partnership with Tata Motors will begin to change this, as together, the partners' impact will expand across humanitarian, travel, e-commerce, and of course automobile industries, he added.


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Last Updated : Sep 17, 2019, 6:01 PM IST
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