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Demonetisation hits onion farmers

-Deccan Herald Trading stopped indefinitely in Bagalkot market The scrapping of the notes of Rs 500 and Rs 1,000 denomination by the Central government has severely affected Onion traders in the district. Following a request by the traders, the agriculture produce marketing committee has deferred onion trade for an indefinite period. The traders had requested the APMC to stop trading till the currency situation becomes “normal.” However, the move has not gone down well...

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Tackling the political issue of onion prices -Milind Murugkar

-Livemint.com No matter which party is ruling, onion farmers will always be the victims of a biased state policy Onion prices have plummeted and onion producers in Maharashtra are in distress. Union minister Nitin Gadkari has appealed to them to diversify their production to avoid a repeat of the situation. Such appeals are unfair. For one, the minister was silent when his government brought down onion prices by restricting exports, and two, thanks...

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An APMC tale: why market design matters -Niranjan Rajadhyaksha

-Livemint.com The APMC legislation has in effect created fragmented markets—small trading zones that can quite easily be captured by trader cartels Makeshift markets have sprung up in several cities in Maharashtra over the past few weeks, after the state government led by Devendra Fadnavis allowed farmers to sell vegetables and fruit directly to consumers. They are now allowed to bring their produce directly to cities rather than sell them in markets...

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Cauvery water row hits commodity movement -Vishwanath Kulkarni & Gayathri G

-The Hindu Business Line Bengaluru/ Chennai: The disruption of road transport between Karnataka and Tamil Nadu over sharing of the Cauvery river water in the past few days has impacted the movement of commodities such as onions, poultry products, turmeric, tea and tomatoes, among others. This has resulted in the price of perishables, mainly onions, falling as the new crop has started reaching markets in Southern Karnataka. “Onion prices are down by...

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Why restrictions on stockholding and export of pulses must go -Harish Damodaran

-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...

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