-Livemint.com The government’s inordinately large food stockpiles have resulted in an artificial market scarcity On 7 January, the ministry of statistics released India’s advance estimates of national income for 2019-20, pegging the economy’s growth rate this financial year at 5%. Based on data available for the first two quarters, this seems an overestimate. Most indicators suggest that actual growth may be lower than 5%. This is bad news, especially since there is...

-The Indian Express Tomatoes-onions-potatoes face extreme price volatility. Addressing it requires sustainable solutions, not temporary ad hoc measures. Last month, on September 13, when onion retail prices crossed Rs 40/kg in Delhi, the government was hyperactive and imposed a minimum export price (MEP) of $850/tonne. Later on, as prices went further up to Rs 50-60/kg, stocking limits were imposed on traders and exports of onions were banned. It created problems in...

-The Hindu Onion producers, however, have called an agitation, with one farmers’ group threatening a strike if the export ban is not lifted. Onion prices in Delhi have dropped below the Rs.60 a kg mark in the retail market for the first time in two weeks, as the Central government’s measures, imposing Stock Limits and banning exports, took effect, cooling off the prices in most parts of the country. Onion producers, however, have...

-The Hindu Business Line New Delhi: Even as Union Minister Ram Vilas Paswan claimed on Thursday that onion prices have started cooling down in both retail and wholesale markets, Shetkari Sanghatana, an apex farmers’ body in Maharashtra, announced that all onion markets would be indefinitely closed from October 7 if the Centre failed to revoke its decision to ban onion exports and imposition of Stock Limits on traders. Retail onion prices, which...

-The Hindu Business Line Farmers’ organisations have threatened to disrupt the functioning of Agriculture Produce Market Committees (APMC) in Maharashtra if the Centre sticks to its stand of prohibiting onion exports and imposing limits on stocks. Farmers in the onion hub of Nashik said that they would agitate against the government’s decision as farmers are facing the brunt. With onion prices rising, the government had on Sunday prohibited exports until further notice and...