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...
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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 »Onion exports suspended to check price rise
Retail price of onions has surged to Rs. 60-70 a kg within a couple of days NOCs will not be issued to exporters till January 15 Minimum export price raised to $1,200 a tonne The government on Monday announced suspension of onion exports till January 15 in a last-minute effort to cool prices of the poor man's essential vegetable from the prevailing high of Rs. 60-70 a kg. In a twin strategy, while the...
More »Comprehensive Plan Needed for Helping the Homeless by Bharat Dogra
No matter how tired we are in the course of a difficult day’s work, there is always the reassuring feeling that at the end of the hard work we’ll go back to sleep in the comfort of our home. But there are millions of people in our cities who simply do not have a home. The homeless of our cities suffer the most; yet they are the most neglected. No...
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