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News18 » Videos » News18 Shorts

Nasik onion traders withdraw strike

Jan 10, 2011 10:22 AM IST India India
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New Delhi: Nashik onion traders on Monday decided not to purchase onions for two days from the Agricultural Produce Market Committees, following the nationwide income tax raids on onion traders. They, however, later withdrew their strike following assurances from the state government.

Traders were protesting against the Maharashtra government's directive of selling onions at not more than Rs 40 per kg. The decision to go on a strike was taken by Nashik District Onion Traders Association at a meeting.

Farmers were angry with the traders' decision to go on a strike. The Maharashtra State Government also called an emergency meeting of traders to resolve the crisis.

Last week, the Income Tax department conducted raids on wholesale traders across the country. Income tax officials raided onion traders across the country following evidence from the competition commission that wholesale traders and organised mandis are controlling the onion supply.

Meanwhile, more income tax raids were conducted in the onion and vegetable markets across New Delhi. The raids were carried out to check the huge gap between the wholesale and retail pricing.

The price of onions in Delhi has once again risen and it is selling at nearly Rs 60 a kg for the last five days.

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