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Government Cuts Onion MEP to USD 150 a Tonne

-Outlook Government today reduced minimum export price (MEP) of onion to USD 150 a tonne from USD 350 to boost shipments and check sharp fall in domestic prices that has led to farmers protest in producing states. This is the third downward revision of onion MEP, the benchmark price below which the commodity can not be exported, this month. On December 16, the Centre had reduced it to USD 800 a tonne...

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Government spends just Rs 124 each on 10 crore people aged 60 years and above -Subodh Varma

-The Times of India Shanti is a small, bird-like woman with unkempt grey hair, a wizened face and an innocent, trusting smile. The constant smile is remarkable because her life is unbelievably difficult. She lives in a mud hut in Katihar district of Bihar with her paralyzed husband. Her daughter has been married off and her son has "gone away somewhere to find work", never to return. She has no land,...

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Onion cheer & tomato tears -Somesh Jha

-The Business Standard Onion prices in wholesale markets of Mumbai declined 48.6%, the steepest among the four metros, compared to October In November, onions, which stoked inflation in recent months and probably played a part in the Congress party's dismal performance in four Assembly elections, turned cheaper in four major cities - Mumbai, Delhi, Chennai and Kolkata - at both the wholesale and retail levels. However, the decline in wholesale prices was...

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Fourteen parties close ranks against 'communalism'

-The Times of India NEW DELHI: Fourteen non-Congress and non-BJP parties on Wednesday sought to present themselves as the bulwark against "communalism" ahead of the 2014 Lok Sabha elections although they said the mobilization is not intended to be a "Third Front". The meeting was attended by Sharad Pawar's NCP, which with nine MPs is the largest Congress partner in Parliament, along with Left parties and regional outfits like SP, BJD, AIADMK...

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Sheila Dikshit promises drop in onion price today

-The Times of India NEW DELHI: Worried over the rising prices of vegetables, particularly onion, chief minister Sheila Dikshit on Wednesday assured that the prices will come down by Rs 3-4 per kg on Thursday. Dikshit said Delhi is not an onion producing state, yet the vegetable is being sold for Rs 60 per kg at Safal outlets, whereas across the country the average price is Rs 83 per kg. "Delhi has...

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