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New Delhi: Food Minister KV Thomas has tried to play down the rising onion price crisis saying that there was no reason to panic. He said onion prices were being reviewed and will stabilise by October. Imports are taking place from Afghanistan, China and Egypt.
"Either by the end of this month or beginning of next month, prices should stabilise. I am talking to the Maharashtra Chief Minister to improve supplies," Thomas said.
Agriculture Minister Sharad Pawar dismissed allegations of speculation by traders, calling the price rise a monsoon-related occurrence and not a result of speculation.
Earlier on Wednesday, Telecom Minister Kapil Sibal had said the prices have nothing to do with the government. "Why don't you ask the traders this? The government is not the one selling onions," is what Kapil Sibal said when he was asked if onion prices will rise further.
Pawar too had said the onion price rise was good for the farmers. "There is a lot of talk about the rise in onion prices. However, when prices fall no one shows any concern for the farmers. When farmers are getting more money for their produce we should not complain," Pawar had said.
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