-The Tribune New Delhi: The government today said it will import 1 lakh tonnes of onion to control prices that have risen sharply to around Rs 100/kg at some places, including the national capital. While state-owned trading firm MMTC will import onion, cooperative Nafed will supply the key kitchen staple in the domestic market. This decision was taken at a meeting of a committee of secretaries held on Saturday. “The government has taken...
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More tears in store? Onion Prices may hit new high amid low supply
-The Hindu Business Line Retail prices of onion, which had softened a bit last month, have rebounded over the past few days on continued supply disruption, touching the Rs.100 per kg mark in pockets of consuming centres such as New Delhi and Chennai. The bulb could bring more tears to consumers in the days ahead, trade sources said, as the prices are likely to hit new highs with the crop sown in...
More »Government relaxes onion import norms as prices cross Rs.100/kg
-The Hindu Business Line As Onion Prices crossed ?100 a kg in certain localities in the capital, the government on Wednesday decided to relax fumigation and endorsement conditions for onions imported from other countries to ensure expedited delivery of the bulb. “In the light of public concern over high prices of onions in the market, the Ministry of Agriculture has decided to allow relaxation from the condition of fumigation and endorsement on...
More »Sale of onion, pulses to continue from buffer stock: Government
-IANS The representatives of the Ministry of Agriculture said that due to Diwali, the market was closed in Maharashtra due to which the supply of onion was affected for two-three days. NEW DELHI: The Central government has directed NAFED to continue supplying pulses and onions from the buffer stock in order to keep the prices under control, an official said. A meeting was held here on Wednesday under the chairmanship of Avinash Kumar...
More »Time to TOP up -Ashok Gulati & Harsh Wardhan
-The Indian Express Tomatoes-onions-potatoes face extreme price volatility. Addressing it requires sustainable solutions, not temporary ad hoc measures. Last month, on September 13, when onion retail prices crossed Rs 40/kg in Delhi, the government was hyperactive and imposed a minimum export price (MEP) of $850/tonne. Later on, as prices went further up to Rs 50-60/kg, stocking limits were imposed on traders and exports of onions were banned. It created problems in...
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