-The Times of India NEW DELHI: Private players have placed orders to import around 7,000 tonnes of onions, while the government leaned on a public sector company to ship the key kitchen ingredient to beat the domestic shortage. The moves came even as the food and consumer affairs ministry said it will seek export curbs if prices did not ease in a fortnight. Senior government officials said Project Export Corporation was on...
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Brittle supply chain leads to soaring vegetable prices -Sandip Das and Subhomoy Bhattacharjee
-The Indian Express Despite the scare scenario painted for production trends for key vegetables, it turns out that there is no dip in availability. This includes onion, whose prices have flared in the past few weeks. Data from the past two years compared with that for the current year indicates that the problem for the four vegetables that have a pan-India presence - onion, tomato, brinjal, potato - is because of logistics...
More »Wholesale price inflation likely edged up to 5 per cent in July
-Reuters BANGALORE: Inflation likely picked up slightly in July as its falling currency pushed up the price of imports, making raw materials more costly, and on rising food prices, a Reuters poll showed. Wholesale prices, India's key inflation measure, rose an annual 5 percent last month, the poll of 30 economists showed, hitting the ceiling of the Reserve Bank of India's commonly perceived comfort level. That was up slightly up from June's 4.89...
More »As onion prices soar, Delhi govt may again open outlets
-PTI NEW DELHI: Concerned over escalating prices of onion, Delhi Government today said it is considering setting up of outlets across the city to make available the vegetable at reasonable rates. "We may open stalls, like we did before, to make available onions at reasonable rates in case prices continue to soar," Development Minister Raj Kumar Chauhan, who looks after functioning of wholesale vegetable and fruit markets in the city, said. He said...
More »Why vegetable prices are killing you-Subodh Varma
-The Times of India Tomato prices have gone through the roof. This essential part of food in most households is selling at over Rs 60 per kilogram, in some places even up to Rs 80. In February this year, onion prices had similarly spiked for a few weeks, forcing families to shell out double-triple prices. So, what's going on? Is it a demand-supply problem, as claimed by traders and administrators? Or...
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