In a major relief to farmers and exporters, the Centre on Wednesday slashed the minimum export price (MEP) for onions by 25 per cent to $450 a tonne from $600. “Minimum Export Price of onions other than Bangalore Rose onions and Krishnapuram will be $450 per tonne freight on board,” Directorate General of Foreign Trade (DGFT) said in a notification. Last month, the government had lifted a ban on onion exports after...

The two-day state-level research and extension specialists workshop for kharif crops organized by Punjab Agricultural University (PAU) was inaugurated on Monday. PAU vice-chancellor Dr MS Kang visited the exhibition of latest farm technologies that was put up on the occasion and released the publications 'Use of mat type nursery and transplanting machinery for paddy', 'Improved design and cost estimates of net houses', and 'Rainwater harvesting from rooftop for groundwater recharge'...

Large inflow of onion from Gujarat has helped rein in high prices of the vegetable, which is now available at Rs 25-30 a kg in retail markets, in the national capital, traders said. "Increased arrival of onion from Gujarat from January 25 onwards boosted supply in the national capital due to which price of the vegetable crashed to Rs 25-30/kg," Onion Merchants Association General Secretary Rajendra Sharma told PTI. The prices of...

Food inflation dropped sharply to 13.07% for the week ended January 29 from 17.05% in the previous week. According to data released by the ministry of industry and commerce on Thursday food inflation declined to a seven-week low due to decline in the prices of pulses and potatoes. On an annual basis, prices of potatoes declined 8.87%, while pulses fell 8.63% and wheat by 3.58%, the government data said. Although the...

Buoyed by high foodgrains production, the country's farm sector is expected to grow at 5.4 per cent in the current financial year, as against 0.4 per cent a year ago. A likely growth in the "agriculture, forestry and fishing sector" is due to an estimated higher production of rice, wheat, pulses, oilseeds, cotton, sugarcane and some horticultural crops, according to Advance Estimate released by the Central Statistical Organisation (CSO). The foodgrains production...