Union Food and Consumer Affairs Minister Ram Vilas Paswan on Tuesday warned the hoarders and black marketers, that strict action will be taken against them, as onion prices have soared across the country due to disrupted supply due to floods in Madhya Pradesh, Maharashtra and some southern states.
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Ram Vilas Paswan added that the country has a buffer stock of 50,000 tonnes of onion.
Affected states can boost their supply through agencies like Nafed and National Cooperative Consumers Federation Ltd.
Onion prices have skyrocketed in the last one month due to short supply from flood-hit onion-growing states like Maharashtra and Karnataka.
In some regions of the country, onion prices have surged up to Rs 70-80 per kilogram.
Meanwhile, the National Agricultural Cooperative Marketing Federation of India Ltd (Nafed) has boosted supplies of onion to government.
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