With fresh arrivals of onions from Gujarat, Rajasthan and Maharashtra, Central agencies on Monday announced their decision to sell them through their outlets at Rs. 35 a kg, setting it as a benchmark price. The variety, however, was poor in quality and low in quantity. In the retail open market and retail chains, onion prices remained around Rs. 50 a kg, garlic price was unchanged between Rs. 250 and Rs. 280...
More »SEARCH RESULT
Total Matching Records found : 705
The political price of onions
The spectre of rising onion prices is haunting Indian politics again. As prices trebled over a period of three weeks, touching Rs.90 a kg in some parts of the country, the liliaceous plant, whose bulb is the mainstay of many Indian staple recipes, became a topic of debate and discussion not only for ordinary consumers, but for economists and policymakers as well. India is the world's second largest producer of...
More »Onion prices fall in Dindigul market
With the arrival of big onions from Pakistan and a ban on onion exports, wholesale onion market in Dindigul, one of the biggest markets in the State, witnessed a crash in the prices of big onions. However, prices of small onions remained stable. The prices of big onion that were hovering between Rs.90 a kg (top quality) and Rs.70 a kg for medium quality last week, came down to Rs.40 and...
More »NAFED defers onion imports from Pakistan by Sukay Mehdudia
In the wake of a fall in onion prices in the wholesale markets across the country, the National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) on Thursday said it had deferred imports from Pakistan. “Earlier, we decided to send our officers to Pakistan for importing 2,200 tonnes of onion. However, as the prices have started declining, we have deferred the onion import plan for the time being,'' NAFED chairman Bijender...
More »The great onion robbery: 135% mark-up from mandi to retail by Subodh Varma
Speculative traders are making super-profits by fixing prices in the onion trade while the government is playing around with ad hoc fixes. On Tuesday alone, wholesale traders in Delhi bought onions at about Rs 34 per kg while it was sold in retail at Rs 80 per kg. That's a margin of Rs 46 per kg or 135%! About 11,445 quintals of onion were bought in the Delhi wholesale markets on...
More »
