Experts have predicted that onion prices in India will remain depressed until mid-March. This is due to the fact that the supply of onions has been affected by the recent floods in Maharashtra and Karnataka.
The floods have caused a shortage of onions in the market, leading to a sharp rise in prices. According to the National Horticulture Board, the average wholesale price of onions in the country has increased by more than 50% since the beginning of the year.
The situation is expected to remain the same until mid-March, when the new crop of onions is expected to arrive in the market. The new crop is expected to bring some relief to the market, as it will increase the supply of onions and bring down the prices.
However, experts have warned that the prices may not come down significantly, as the demand for onions is still high. The demand is expected to remain high until the end of the summer season, when the prices are expected to come down.
In the meantime, the government has taken several measures to control the prices of onions. It has imposed a ban on the export of onions and has also imposed a minimum export price. The government has also increased the import duty on onions to discourage imports.
The government has also asked the states to take steps to ensure that the prices of onions remain stable. The states have been asked to take steps to ensure that the supply of onions is not disrupted and that the prices remain stable.
Experts have also suggested that the government should take steps to increase the production of onions in the country. This will help to increase the supply of onions and bring down the prices.
Overall, experts have predicted that the prices of onions will remain depressed until mid-March. The government has taken several measures to control the prices, but it remains to be seen if these measures will be effective in bringing down the prices.