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Nashik farmers halt biz as onion prices drop to Rs 9.5 -Nanda Kasabe

-The Indian Express Pune: Angry farmers in Pimpalgaon Baswant, the biggest onion trading market in Nashik after Lasalgaon, brought business to a complete halt on Monday after average wholesale prices fell to R950 per quintal. Last week, farmers had threatened to disrupt markets if prices fell below the R1,000-per quintal mark. Farmers blocked the Mumbai-Agra highway in the morning, halting traffic for the entire day. Their demands are removal of the minimum export...

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Onion crisis to last 2-3 weeks: Pawar -Vishwa Mohan & Dipak Kumar Dash

-The Times of India NEW DELHI: Even as the Centre on Wednesday stepped in to import onion from China and Pakistan in a bid to cool down prices of the staple, Union agriculture minister Sharad Pawar warned that the crisis may continue for another two to three weeks. "Next two to three weeks will be tough. Ultimately, we have to find a solution. We have to import as early as possible," Pawar...

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CBI registers PE into Khemka’s report on seed prices

-The Indian Express Nearly six months after Haryana IAS officer Ashok Khemka highlighted the alleged irregularities in the supply of wheat seeds to Haryana Seed Development Corporation (HSDC) by NAFED and NCCF, the CBI has registered a preliminary enquiry into the complaint. Khemka, during his stint as the Managing Director of HSDC between July 18, 2012 and March 4, 2013, had given a report to the CBI seeking registration of a case...

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Food inflation: How to decode the onion price puzzle-Usha Tuteja

-The Economic Times It is ironical that food inflation surged to around 18% in August when agriculture is the primary hope in the economy. The culprit was mainly vegetables and, within that, onions. Onions are once again in the news due to steep rise in retail prices by almost 25% in a fortnight. Safal outlets in Delhi have set the price at Rs 60 per kg whereas some other retailers are charging...

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Onion prices soar to Rs 5,300 a quintal in Lasalgaon-Tushar Pawar

-The Times of India NASHIK: The average wholesale price of onions at the country's largest market at the Lasalgaon Agriculture Produce Market Committee (APMC) in Nashik touched a new all-time high of Rs 5,300 a quintal on Monday. This pushed the retail rate to Rs 70 a kg against Rs 55 last week. The prices have skyrocketed, breaking the previous record of Rs 4,800 a quintal last Friday, largely due to the...

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