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
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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
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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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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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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
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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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
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        LATEST NEWS UPDATES | Onion prices fall 35% after I-T raids on Nashik traders    </title>
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-The Times of India

NASHIK: The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in..."/>
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NASHIK: The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in..." />
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                            <div align="justify">-The Times of India<br /><br /><em>NASHIK: </em>The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in the offices, godowns and homes of seven onion traders in Nashik district of Maharashtra. After the sudden crash in wholesale onion prices, farmers stopped the auction at Lasalgaon and did not sell their produce.<br /><br />The average wholesale onion prices on Thursday declined by 35% to Rs 900 per quintal at Lasalgaon as against Rs 1,400 per quintal on Wednesday. The minimum and maximum wholesale prices were recorded at Rs 500 and Rs 1,331 per quintal, respectively.<br /><br />Jaydatta Holkar, chairman, Lasalgaon APMC told TOI that two of the seven traders, who were raided, are from Lasalgaon. &quot;These traders have the capacity to buy 30% of total arrivals in the market. The action from the IT department created panic among onion traders leading to a crash of prices in the wholesale onion prices,&quot; he added.<br /><br />According to Holkar, some of the farmers who could not digest the fact that the prices have crashed in wholesale onion prices, stopped onion auction and refused to sell their produce at such a low price.<br /><br />&quot;They returned with their produce.&quot; The average wholesale onion prices in the domestic markets had increased five times from Rs 450 per quintal on May 31 to Rs 2,450 per quintal on August 10, registering a 20-month high price due to short supply.<br /><br />Please <a href="http://timesofindia.indiatimes.com/city/nashik/onion-prices-fall-35-after-i-t-raids-on-nashik-traders/articleshow/60521729.cms" title="http://timesofindia.indiatimes.com/city/nashik/onion-prices-fall-35-after-i-t-raids-on-nashik-traders/articleshow/60521729.cms">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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                            <div align="justify">-The Times of India<br /><br /><em>NASHIK: </em>The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in the offices, godowns and homes of seven onion traders in Nashik district of Maharashtra. After the sudden crash in wholesale onion prices, farmers stopped the auction at Lasalgaon and did not sell their produce.<br /><br />The average wholesale onion prices on Thursday declined by 35% to Rs 900 per quintal at Lasalgaon as against Rs 1,400 per quintal on Wednesday. The minimum and maximum wholesale prices were recorded at Rs 500 and Rs 1,331 per quintal, respectively.<br /><br />Jaydatta Holkar, chairman, Lasalgaon APMC told TOI that two of the seven traders, who were raided, are from Lasalgaon. &quot;These traders have the capacity to buy 30% of total arrivals in the market. The action from the IT department created panic among onion traders leading to a crash of prices in the wholesale onion prices,&quot; he added.<br /><br />According to Holkar, some of the farmers who could not digest the fact that the prices have crashed in wholesale onion prices, stopped onion auction and refused to sell their produce at such a low price.<br /><br />&quot;They returned with their produce.&quot; The average wholesale onion prices in the domestic markets had increased five times from Rs 450 per quintal on May 31 to Rs 2,450 per quintal on August 10, registering a 20-month high price due to short supply.<br /><br />Please <a href="http://timesofindia.indiatimes.com/city/nashik/onion-prices-fall-35-after-i-t-raids-on-nashik-traders/articleshow/60521729.cms" title="http://timesofindia.indiatimes.com/city/nashik/onion-prices-fall-35-after-i-t-raids-on-nashik-traders/articleshow/60521729.cms">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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NASHIK: The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in..."/>
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    <h1 class="cat-box-title">Onion prices fall 35% after I-T raids on Nashik traders</h1>
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                            <div align="justify">-The Times of India<br /><br /><em>NASHIK: </em>The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in the offices, godowns and homes of seven onion traders in Nashik district of Maharashtra. After the sudden crash in wholesale onion prices, farmers stopped the auction at Lasalgaon and did not sell their produce.<br /><br />The average wholesale onion prices on Thursday declined by 35% to Rs 900 per quintal at Lasalgaon as against Rs 1,400 per quintal on Wednesday. The minimum and maximum wholesale prices were recorded at Rs 500 and Rs 1,331 per quintal, respectively.<br /><br />Jaydatta Holkar, chairman, Lasalgaon APMC told TOI that two of the seven traders, who were raided, are from Lasalgaon. &quot;These traders have the capacity to buy 30% of total arrivals in the market. The action from the IT department created panic among onion traders leading to a crash of prices in the wholesale onion prices,&quot; he added.<br /><br />According to Holkar, some of the farmers who could not digest the fact that the prices have crashed in wholesale onion prices, stopped onion auction and refused to sell their produce at such a low price.<br /><br />&quot;They returned with their produce.&quot; The average wholesale onion prices in the domestic markets had increased five times from Rs 450 per quintal on May 31 to Rs 2,450 per quintal on August 10, registering a 20-month high price due to short supply.<br /><br />Please <a href="http://timesofindia.indiatimes.com/city/nashik/onion-prices-fall-35-after-i-t-raids-on-nashik-traders/articleshow/60521729.cms" title="http://timesofindia.indiatimes.com/city/nashik/onion-prices-fall-35-after-i-t-raids-on-nashik-traders/articleshow/60521729.cms">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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Home हिन्दी

Onion prices fall 35% after I-T raids on Nashik traders

Published on Sep 15, 2017   Modified on Sep 15, 2017

-The Times of India NASHIK: The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in the offices, godowns and homes of seven onion traders in Nashik district of Maharashtra. After the sudden crash in wholesale onion prices, farmers stopped the auction at Lasalgaon and did not sell their produce. The average wholesale onion prices on Thursday declined by 35% to Rs 900 per quintal at Lasalgaon as against Rs 1,400 per quintal on Wednesday. The minimum and maximum wholesale prices were recorded at Rs 500 and Rs 1,331 per quintal, respectively. Jaydatta Holkar, chairman, Lasalgaon APMC told TOI that two of the seven traders, who were raided, are from Lasalgaon. "These traders have the capacity to buy 30% of total arrivals in the market. The action from the IT department created panic among onion traders leading to a crash of prices in the wholesale onion prices," he added. According to Holkar, some of the farmers who could not digest the fact that the prices have crashed in wholesale onion prices, stopped onion auction and refused to sell their produce at such a low price. "They returned with their produce." The average wholesale onion prices in the domestic markets had increased five times from Rs 450 per quintal on May 31 to Rs 2,450 per quintal on August 10, registering a 20-month high price due to short supply. Please click here to read more.

The Times of India, 15 September, 2017, http://timesofindia.indiatimes.com/city/nashik/onion-prices-fall-35-after-i-t-raids-on-nashik-traders/articleshow/60521729.cms

Tagged with: Wholesale Price Index (WPI) Wholesale prices Income Tax Raids Onion prices Onion traders

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