"The Chief Minister has sanctioned Rs 15 crore out of the total Rs 34 crore in dues which were owed to the suppliers of onions by the corporation. With the payment of the money to onion suppliers, the prices may come down over the next two to three days," Zantye told reporters here.
Zantye also said that currently the corporation sold onions at Rs 129 per kg, as compared to onions being sold in the retail market for Rs 170 per kg.
Zantye, however, said that according to his interaction with onion wholesalers, the prices of onions are expected to shoot upwards in the coming weeks due to unseasonal rains.
"The suppliers are saying that onion rates might go further up because the regions where onions are cultivated are still facing unseasonal rains," Zantye said.