Three days after arrival of 200 tonnes of onions from Pakistan, an additional 426 tonnes of the vegetable has also landed at Mundra port in Gujarat from the neighbouring country to boost domestic supply. "Second consignment of 426 tonnes of onions imported by the Indian government from Pakistan landed at the Mundra port yesterday (Sunday)," official sources said on Monday. "After the two consignments, rest 374 tonnes of the contracted onions...

The problem is all pervasive as the prices of almost all food items have been rising In a scenario that is all familiar in India and for that matter in many other countries too, rising food prices have become an extremely sensitive issue with major political and social ramifications that go well beyond the economic ones. Not that the economic consequences are unimportant. From the macroeconomic management point of view, rising food...

After announcing food prices had reached record levels last week, the United Nation’s (UN) Food and Agriculture Organisation (FAO) is now trying to play down concerns about shortages. The FAO’s representative for Asia and the Pacific region, Hiroyuki Konuma, admitted that food supply and demand were tight but said there were sufficient grain stocks to feed populations. Though certain foods such as sugar, meat, corn and soybeans are selling at a...

The first consignment of about 200 tonnes of onion imported by the government from Pakistan landed at the Mundra port in Gujarat today and is likely to reach Delhi on Tuesday. The government had asked state-owned trading agencies PEC and State Trading Corporation (STC) to import onion to boost domestic supply and rein in the soaring prices of the kitchen staple. Since Pakistan had banned trade of onion to India through land...

What’s Going Wrong?     * Market intelligence remains a weak link; farm policies rarely reflect correct scenario     * Extensive damage to crop in Maharashtra not factored in promoting onion, tomato exports     * Middlemen make capital while farmers realise 10-15% margin, not enough to recoup losses     * Government market intervention capacity limited to foodgrains and pulses **** India’s worst-kept secret was finally revealed when the government threw up its hands in despair in the...