Onion prices hit ₹60/kg despite record output (307 lakh tonnes), due to unseasonal rain causing 35-40% rot during storage. Higher farmer costs push wholesale prices to ₹30-32/kg. Government releases buffer stock via 'Kanda Express' at ₹35/kg to curb prices, but farmers fear a repeat of past losses if intervention forces rates down.
Business
Why Onion Prices Are Rising Despite Record Production?
