Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Basu blames trader cartels for high onion prices    </title>
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Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. &ldquo;There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new..."/>
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Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. &ldquo;There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new..." />
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                            <br /><div align="justify">Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. &ldquo;There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new players,&rdquo; chief economic advisor Kaushik Basu said while explaining the reasons behind the onion price rise.<br /><br />The price of the vegetable, which is ruling at Rs 60 per kg, went up to Rs 80 per kg last fortnight. &ldquo;One important question (that) arises (is) why the profit making traders are not buying (onions) from villages and selling in cities to equalise this huge price difference between the two,&rdquo; Basu said at the Skoch Summit.<br /><br />He said that rise in onion prices is not really a matter of monetary or fiscal policy. &ldquo;It is much more to do with product supply, supply chain in particular when you get such a high price differential between retail outlet in cities like Delhi and farm gate prices,&rdquo; he added.<br /><br />He said India may have to live with rising food prices, indicating that price pressures in the economy are here to stay for some more time. Food inflation has accelerated well above the 14%-level in mid-December and is likely to rise further as the full impact of a recent spurt in the prices of vegetables like onions is reflected in food inflation. <br /></div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/news/economy/agriculture/basu-blames-trader-cartels-for-high-onion-prices/articleshow/7226801.cms" class="re" target="_blank">The Economic Times, 6 January, 2011, http://economictimes.indiatimes.com/news/economy/agriculture/basu-blames-trader-cartels-for-high-onion-prices/articleshow/7226801.cms</a><div class="clear"></div>
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Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. &ldquo;There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new..."/>
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    <h1 class="cat-box-title">Basu blames trader cartels for high onion prices</h1>
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                            <br /><div align="justify">Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. &ldquo;There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new players,&rdquo; chief economic advisor Kaushik Basu said while explaining the reasons behind the onion price rise.<br /><br />The price of the vegetable, which is ruling at Rs 60 per kg, went up to Rs 80 per kg last fortnight. &ldquo;One important question (that) arises (is) why the profit making traders are not buying (onions) from villages and selling in cities to equalise this huge price difference between the two,&rdquo; Basu said at the Skoch Summit.<br /><br />He said that rise in onion prices is not really a matter of monetary or fiscal policy. &ldquo;It is much more to do with product supply, supply chain in particular when you get such a high price differential between retail outlet in cities like Delhi and farm gate prices,&rdquo; he added.<br /><br />He said India may have to live with rising food prices, indicating that price pressures in the economy are here to stay for some more time. Food inflation has accelerated well above the 14%-level in mid-December and is likely to rise further as the full impact of a recent spurt in the prices of vegetables like onions is reflected in food inflation. <br /></div>                                                           
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Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. &ldquo;There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new..."/>
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    <h1 class="cat-box-title">Basu blames trader cartels for high onion prices</h1>
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                            <br /><div align="justify">Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. &ldquo;There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new players,&rdquo; chief economic advisor Kaushik Basu said while explaining the reasons behind the onion price rise.<br /><br />The price of the vegetable, which is ruling at Rs 60 per kg, went up to Rs 80 per kg last fortnight. &ldquo;One important question (that) arises (is) why the profit making traders are not buying (onions) from villages and selling in cities to equalise this huge price difference between the two,&rdquo; Basu said at the Skoch Summit.<br /><br />He said that rise in onion prices is not really a matter of monetary or fiscal policy. &ldquo;It is much more to do with product supply, supply chain in particular when you get such a high price differential between retail outlet in cities like Delhi and farm gate prices,&rdquo; he added.<br /><br />He said India may have to live with rising food prices, indicating that price pressures in the economy are here to stay for some more time. Food inflation has accelerated well above the 14%-level in mid-December and is likely to rise further as the full impact of a recent spurt in the prices of vegetables like onions is reflected in food inflation. <br /></div>                                                           
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Home हिन्दी

Basu blames trader cartels for high onion prices

Published on Jan 6, 2011   Modified on Jan 6, 2011

Top economic advisor in the finance ministry on Wednesday blamed cartels among traders for the skyrocketing prices of onion. “There are forms of implicit cartels working among the traders that block the movement of new entry, the appearance of new players,” chief economic advisor Kaushik Basu said while explaining the reasons behind the onion price rise. The price of the vegetable, which is ruling at Rs 60 per kg, went up to Rs 80 per kg last fortnight. “One important question (that) arises (is) why the profit making traders are not buying (onions) from villages and selling in cities to equalise this huge price difference between the two,” Basu said at the Skoch Summit. He said that rise in onion prices is not really a matter of monetary or fiscal policy. “It is much more to do with product supply, supply chain in particular when you get such a high price differential between retail outlet in cities like Delhi and farm gate prices,” he added. He said India may have to live with rising food prices, indicating that price pressures in the economy are here to stay for some more time. Food inflation has accelerated well above the 14%-level in mid-December and is likely to rise further as the full impact of a recent spurt in the prices of vegetables like onions is reflected in food inflation.

The Economic Times, 6 January, 2011, http://economictimes.indiatimes.com/news/economy/agriculture/basu-blames-trader-cartels-for-high-onion-prices/articleshow/7226801.cms

Tagged with: Inflation

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