Government decides to sell onions in market at subsidised rate

Government decides to sell onions in market at subsidised rate

By Onlykhabar News Media Thu 24 September, 2020 ( about 5 years ago ) 🎤433 Viewersnational

The Department of Commerce, Supply and Consumer Protection DoCSCP has decided to sell onions that were seized from several vegetable markets at subsidised rate. 

According to Ravindra Acharya, spokesperson for DoCSCP, the Food Management and Trading Company Ltd  FMTCL will sell the onions from its outlets. The department had earlier seized the onions from the traders who were hiding and creating an artificial shortage of the kitchen staple in the market to increase its price.  We had seized a total of 12,000 kg of onions from Kalimati and Balkhu Fruits and Vegetables Markets and now we are going to sell it at no more than Rs 60 per kg,” he said. 

“A joint meeting held at the department on Tuesday among officials of DoCSCP, FMTCL and District Administration Office, Kathmandu has decided to sell the onions.  While the process of registering the cases against the errant traders is ongoing, the government has decided to sell the onions as it might start to decay. “While FMTCL can decide on the retail price, it will range in between Rs 52 and Rs 60 a kg,” he added. According to him, the meeting had allowed FMTCL to sell the onions at Rs 52 per kg, however, adding the transportation, loading and unloading costs, the company can charge up to Rs 60 per kg. 

The department had taken action against seven traders that day. Just a week ago, the DoCSCP had also published a notice requesting consumers not to buy onions for a few days by paying exorbitant amount. While most traders continue to sell onions at an inflated rate, DoCSCP has claimed they have intensified their inspection to regulate the market.  The export ban by the Indian government, the price of onion, which was earlier sold at around Rs 60 per kg, reached as high as Rs 150 a kg in the domestic market. 

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By Onlykhabar News Media Thu 24 September, 2020 🎤433 Viewersnational
TAGS: Onion Kathmandu Low Price
Government decides to sell onions in market at subsidised rate

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