Maharashtra CM Eknath Shinde Expresses Concern Over Rising Onion Prices, Directs Strict Action Against Hoarders

Maharashtra CM Eknath Shinde Expresses Concern Over Rising Onion Prices, Directs Strict Action Against Hoarders

Maharashtra CM Eknath Shinde Expresses Concern Over Rising Onion Prices, Directs Strict Action Against Hoarders

Kalpesh MhamunkarUpdated: Saturday, November 16, 2024, 09:36 AM IST
article-image
Maharashtra CM Eknath Shinde | X/ @mieknathshinde

Mumbai: Chief Minister Eknath Shinde has expressed concern over the rising onion prices and has instructed the departments of marketing and food civil supplies to take strict action against hoarding by traders.

According to the Centre’s price monitoring cell, the retail price of onions should be around Rs 60 per kg. However, in cities like Mumbai and Pune, prices have surged to Rs 100 per kg. Shinde said that the government has set stock limits for both small and large onion traders. However, some traders are found to be hoarding, which is driving up the prices. He has therefore directed stringent measures against such traders under the Essential Commodities Act and the Black Market Prevention and Smooth Supply of Essential Commodities Act.

He has also urged citizens to report cases of excessive onion stock in their local areas to the food supply office or the district collector’s office. The government has also announced a grant of Rs350 per quintal for onion producers, and said that dissemination is already underway. For this initiative, the government has allocated a budget of Rs 851.67 crore, he said.

RECENT STORIES

Mumbai News: NGT Orders Joint Committee To Assess And Recommend Remedial Measures For Deteriorating...

Mumbai News: NGT Orders Joint Committee To Assess And Recommend Remedial Measures For Deteriorating...

Bombay HC: Developer Can Invoke Arbitration For Possession If Society Members Refuse To Vacate For...

Bombay HC: Developer Can Invoke Arbitration For Possession If Society Members Refuse To Vacate For...

SIES ₹58 Crore Cheating Case: Trial Stalled As Original FIR Goes Missing, Court Issues Notice To...

SIES ₹58 Crore Cheating Case: Trial Stalled As Original FIR Goes Missing, Court Issues Notice To...

NCLT Dismisses Edelweiss ARC’s Insolvency Plea Against Om Omega Shelters, Terms It Profit-Sharing...

NCLT Dismisses Edelweiss ARC’s Insolvency Plea Against Om Omega Shelters, Terms It Profit-Sharing...

Chhangur Baba’s Offshore Empire: From Panama To Utraula, Mumbai To Masquerades, ED Traces Trail Of...

Chhangur Baba’s Offshore Empire: From Panama To Utraula, Mumbai To Masquerades, ED Traces Trail Of...