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Panic buying in 3 states over rumours of salt shortage -Aloke Chatterjee

-The Hindustan Times Patna: Panic-stricken people in Meghalaya today rushed to grocery stores and purchased salt at exorbitant prices following wild rumours that the commodity was in short supply. In neighbouring West Bengal, similar rumours sent people in Siliguri, Darjeeling and Jalpaiguri districts rushing to stores and buy salt at Rs100-150 a kg since Thursday night. In Bihar, where it all started, the police arrested 21 persons on charges of hoarding and...

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Onion price rise may be due to hoarding: Centre -Dipak Kumar Dash

-The Times of India NEW DELHI: Onion prices have again hit the roof in Mumbai, Delhi and other major cities after stabilizing briefly in August, leading the Centre to suggest that traders and speculators might be "artificially" increasing onion prices and has asked whether a seasonal shortage in supplies is being exploited. "Governments of Delhi and Chandigarh were addressed to look into the possibility of traders and speculators creating an artificial...

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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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Complaints mount over implementation of BPL rice scheme

-The Hindu Beneficiaries say fair price outlets are overcharging, not supplying stipulated amount Bangalore: Even as every Below Poverty Line (BPL) family is assured of rice at Re. 1 a kg for a maximum of 30 kg, charging more than the fixed price and distributing less than the stipulated quantity are common complaints across the State. When The Hindu visited a fair price shop at Salagame in Hassan district, about 9 km from...

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CM sows what Buddha couldn’t reap -Pranesh Sarkar

-The Telegraph Kolkata: The Mamata Banerjee government today announced a scheme to allow big private investors to directly procure farm produce - a segment that Buddhadeb Bhattacharjee could not liberate from the stranglehold of the Forward Bloc. The scheme titled Brihat Krishak Bazar Yojana, which loosely translates into mega farmer market programme, seeks to "connect the local market to high-growth demand centres" and weed out middlemen. The project will allow private developers to...

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