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...
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India cries onion tears as prices touch Rs 70-80 a kilo
Onion prices have hit the roof across the southern states — Maharashtra, Karnataka, Tamil Nadu and Andhra Pradesh. From Pune, Bangalore and Chennai the retail market feedback was the worst, a kilo going for between Rs 70 and Rs 80. Prices in Hyderabad too showed a steady rising trend. At supermarkets in glitzy Banjara Hills they had touched Rs 50 a kg and market watchers feared the rates could go even...
More »Farmers have a role to play in fixing cane payments: Pawar
Union agriculture minister Sharad Pawar on Friday said that farmers' leaders should be included in the committee which decides sugarcane payments for the crushing season. "Their participation in the process would help solve the deadlock on payment issues which obstruct smooth running of the season," Pawar said. He was speaking at the annual general body meeting and annual meeting of the governing council of the Vasantdada Sugar Institute here. There...
More »Tribals take to tree-farming for better returns
Non-governmental organisation BAIF Development Research Foundation is encouraging tribal farmers to take up tree-based farming on degraded wasteland around their plots under a unique model of sustainable growth since the beginning of this year. A movie, Wadi', depicting this agri-horti-forestry effort was launched in the city on Wednesday. To begin with, the model was implemented in the Nashik, Ahmednagar and Thane districts of Maharashtra and in Gujarat, Karnataka and Rajasthan....
More »MoEF refuses to lift stay on Lavasa
Twenty-four hours ahead of the hearing in the Bombay High Court, the environment ministry has upheld its order asking Lavasa Corporation Limited to stop all work in its hill township project near Pune. Work at the 25,000-acre planned city was put on hold by a showcause order issued on November 25. The ministry had said that final order on the showcause will be issued by December 31, provided Lavasa “co-operated and...
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