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The Prices of Onions will fall sharply !

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The Prices of Onions will fall sharply ! - India Virals

The Prices of Onions will fall sharply ! While the prices of onions are on the one hand continuously rising in the country, the income tax department has given a great relief by tightening the prices of onion prices. Tell us that the prices of onion have fallen drastically in the country’s largest onion market.

The Prices of Onions will fall sharply ! - India Virals

The Prices of Onions will fall sharply ! – India Virals | www.indiavirals.com

Under which the Income Tax Department raided offices of seven big business houses, warehouses and houses of Nashik. On the raids, the price of onions declined by 35 percent to Rs 900 per quintal, while on Wednesday, a quintal onion was sold for Rs 1,400.

After the fall in prices, the farmers have stopped the auction in Lasalgaon and are not selling their products. Minimum and maximum price of interest was Rs 500 and Rs 1,331, respectively.

The Prices of Onions will fall sharply ! - India Virals

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Lasalgaon APMC The Chairman said that the 7 businessmen who have been raided, 2 of them are from Lasalgaon. After the action taken by the Income Tax Department, there is a stir in the market.

The Prices of Onions will fall sharply ! – India Virals | www.indiavirals.com

This has led to a sharp decline in onion prices in the wholesale market. Due to weak supplies, onion prices have increased by up to 5 times during May to August. On May 31, the wholesale price of onion – 450 rupees per quintal, but by August 10, the figure increased to Rs 2,450 per quintal.

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