Onion traders call off strike, prices to dip in a week (Second Lead)January 12th, 2011 - 7:21 pm ICT by IANS
New Delhi, Jan 12 (IANS) The wholesale onion traders of the city called off their strike Wednesday and claimed, along with Chief Minister Sheila Dikshit, that the bulb’s prices would come under control within a week.”I have met the traders and the prices of onions will come down quite substantially because their crops would be arriving mid-January,” Dikshit told reporters.
The traders met Dikshit and called off their strike, which began Tuesday afternoon, on the assurance that their premises would not be raided by the authorities.
The traders were peeved at Income Tax sleuths raiding their storehouses Monday and accusing them of hoarding onions. “The government is defaming us by terming us as hoarders and cheaters. On top of it, they are raiding us. This is like adding insult to injury,” the Chamber of Azadpur Fruits and Vegetables Traders said earlier.
Rajan Sharma, general secretary of the chamber, told IANS: “The CM (chief minister) has assured us that we will not face any problems and onions in large volumes would be brought to the mandi (market) to control the prices and meet the demand.”
She also asked us to procure as many onions as possible and sell them at reasonable rates to ease some pressure on prices. The situation is expected to come under control within a week, Sharma added.
Onion prices shot up across the country after crops in Nashik in Maharashtra were spoilt due to untimely heavy rains. The authorities are now trying to nail any possible hoarding which may further aggravate prices.
The IT department last week conducted similar search operations in Uttar Pradesh, Maharashtra and few other states.
The wholesale prices of onion are ruling at around Rs.40-47 per kg while the retail price is around Rs.60 per kg in the national capital.
–Indo-Asian News service
- Peeved at raids, Delhi onion traders continue strike - Jan 12, 2011
- Onion traders in Delhi call off strike (Lead) - Jan 12, 2011
- Delhi markets raided to check onion hoarding - Jan 10, 2011
- Onions at Rs.5 per kg soon? Traders say so - Jan 13, 2011
- Delhi onion traders on strike from Wednesday - Jan 11, 2011
- Fresh onion supply pulls down wholesale price in Delhi - Jan 17, 2011
- Onion prices will dip by mid-January, say traders - Jan 03, 2011
- Onion prices decline following raids on godowns in UP - Jan 08, 2011
- Delhi onion traders to go on strike, government threatens action (Lead) - Jan 11, 2011
- Tomatoes join high-priced onions, more supplies come from Pakistan (Intro Roundup) - Dec 24, 2010
- Onion prices slide as export ban takes effect (Roundup) - Dec 22, 2010
- Onion prices to crash by mid-January (Lead) - Jan 03, 2011
- Onion traders call off strike after talks with Delhi Chief Minister - Jan 12, 2011
- Onions now at Rs.37.5/kg after raids on hoarders: Minister - Dec 22, 2010
- PM steps in as onion prices spiral (Roundup) - Dec 21, 2010
Tags: asian news, cheaters, chief minister, crops, fruits and vegetables, general secretary, heavy rains, hoarders, income tax sleuths, indo, insult to injury, nashik, onion prices, onions, rl, rs 40, search operations, sheila dikshit, tuesday afternoon, wholesale prices