-The Business Standard Onion crisis is a reminder of the need for retail reform Onion prices in towns have begun, finally, to come down. That follows a fresh harvest of onions in Karnataka and Maharashtra. But the price rise could happen again - unless its causes are realistically ascertained, and the right lessons drawn. The crisis was generally believed to have been triggered by low production, high exports and rampant hoarding. However,...
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A sugar rush that could fuel the economy -R Viswanathan
-The Hindu India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol The public and media were outraged recently after a suggestion that petrol stations could be closed from 8 p.m. to 8 a.m. to curb consumption. Oil import is the heaviest burden on India's foreign exchange, at $144 billion last year. The situation could get worse, given the potential for an increase...
More »Raid threat pulls down onion prices in Maharashtra -Jayashree Bhosale
-The Economic Times PUNE: Onion prices have crashed by 25-30% from the peak of Rs 60 per kg last week after the Maharashtra government threatened onion traders with raids and new harvests eased pressure on supplies. On September 18 and 19, wholesale prices at many APMCs in Maharashtra had risen to Rs 55 per kg. A meeting held by the state's marketing director at Lasalgaon on September 19 suggesting raids if prices...
More »NAC to examine effect of developmental interventions and constitutional safeguards on tribal people-Smita Gupta
-The Hindu The Sonia Gandhi-led National Advisory Council (NAC) will examine whether developmental interventions and constitutional safeguards - including Fifth Schedule provisions - have come to the aid of tribal people in Left Wing Extremism (LWE)-affected districts in central India. An NAC Working Group (WG) headed by tribal expert Professor Virginius Xaxa - who also heads the Prime Minister's high level committee that is to produce a report on the...
More »90% onion stocks over, hoarders could look to make a killing-Dipak Kumar Dash
-The Times of India NEW DELHI: Onion hoarders and unscrupulous traders could be looking to make a killing over the next 15-20 days as 85-90% of the country's onion stock is over and only 3-4 lakh tonnes remain available for consumption. Since traders are aware of the depleting stock, and know that arrival of the kharif crop from October will ease supplies and depress prices, they seem to be trying to extract...
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