-The Times of India NASHIK: The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in the offices, godowns and homes of seven onion traders in Nashik district of Maharashtra. After the sudden crash in wholesale onion prices, farmers stopped the auction at Lasalgaon and did...
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NITI Aayog's three-year action plan on agriculture raises hope as well as concerns
-Down to Earth In a major digression from the current discourse on GM crops, the report claimed that the farmers in India have “enthusiastically embraced” GM seeds For the first time since the five-year plans were scrapped, the NITI Aayog presented the three-year action plan last week. The report, which draws on recommendations made by the Task Force on Agricultural Development and a group of secretaries appointed by PM Modi at...
More »Import talk halts onion price surge -Rahul Wadke and Vishwanath Kulkarni
-The Hindu Business Line Mumbai/ Bengaluru: As talk of onion imports gains ground, the price rally in the bulb in recent days seems to be ebbing. Wholesale prices of onions across major markets in Maharashtra, such as Lasalgaon, Pimpalgaon and Niphad, have witnessed a decline in the last two days. In Pimpalgaon, where arrivals stood at 2,500 tonnes on Friday, the modal prices dropped by a fifth to Rs. 2,000 per quintal...
More »Wholesale onion price surges 118% in two weeks -Tushar Pawar
-The Times of India NASHIK: The average wholesale price of onions has surged 118% over the past two weeks in Maharashtra, from Rs 571 per quintal on July 13 to Rs 1,250 on Thursday, an 18-month high. To stabilise the steady rise in the price of the kitchen staple, the Centre may increase its minimum export price (MEP). The Centre had withdrawn the $700/tonne MEP in December 2015 after a crash in wholesale...
More »Why the eNAM platform hasn't taken off despite all the fanfare -Rajalakshmi Nirmal
-The Hindu Business Line Most States have not amended APMC Acts; existing mandis lack infrastructure The eNAM portal, launched by the Centre in April 2016, has 45.4 lakh farmers and 417 mandis across the country registered with it. This number is disappointing, given that there are more than 13 crore farmers in India. eNAM, which was envisioned as a unified national electronics agriculture market, faces multiple hurdles. To implement it, each State has to first...
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