Why is the Price of Onion Falling, The Problems of Farmers are increasing

In the month of December, the Ministry of Consumer Affairs, Food & Public Distribution banned the export of onion till 31-March-2024. The main reason for the ban was to prevent under-invoicing and wrong export. Also, the common consumer can get onions at cheaper prices. Not only this, but the Center has also directed NCCF and NAFED to purchase 7 lakh tons of onion from farmers. In the last one month, the price of onion has fallen by about 55 to 60 percent.

Why are the Farmers Disappointed?

Farmers of many states are facing serious problems, farmers are disappointed after seeing the sudden fall in the price of onion. Its impact is being seen more in states like Karnataka, Tamil Nadu, Andhra Pradesh, Maharashtra. India plays a big role in onion production. Producers earlier used to export onions to our neighboring countries, of which Bangladesh was an important country, but before that the government imposed a ban, because of which there is more than enough onion in all the states.

Onion Market price Today in Karnataka:

The minimum price of an onion in Hubli Mandi is Rs 200 per quintal while the maximum price is Rs 1500 per quintal. The minimum price of an onion in Bangalore mandi is Rs 500 per quintal while the maximum price is Rs 1800 per quintal. The minimum price of onion in Devnagari Mandi is Rs 1000 per quintal while the maximum price is Rs 3200 per quintal, which is generally maintained.

Onion Market Price Today in Andhra Pradesh:

The minimum price of onion in Kurnool mandi is Rs 426 per quintal while the maximum price is Rs 1271 per quintal.

Onion market price Today in Maharashtra: The minimum price of onion in Nashik, Pune and Lasalgaon mandi is Rs 500 per quintal while the maximum price is Rs 1400 per quintal.
The minimum price of onion in Ahmednagar mandi is Rs 200 per quintal while the maximum price is Rs 1700 per quintal.