The Centre today sought to justify the export ban on onion by saying that the wholesale price of onion in Nashik, the country’s largest wholesale hub for the bulb crop, had declined by 33 per cent to Rs 2,500 per 100kg or Rs 25 a kg. The impact will not be felt immediately on kitchen budgets as it will take some time – “two to three weeks”, according to Sharad Pawar...
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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 »Govt increases copra MSP by Rs 75/qtl
The government today said it has increased the minimum support price (MSP) for copra by Rs 75 per quintal for the 2011 season, a measure aimed at increasing coconut production in the country. The decision was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA) on the recommendations of on recommendations Commission for Agricultural Cost and Prices (CACP). While the MSP for fair average quality of milling copra has...
More »Farmers protest cartelisation by cotton traders
It is two weeks now that the state cotton federation has launched procurement but not a single farmer has turned up to sell cotton at its collection centres because of the huge gap between minimum support price and the open market rates. But private traders are now being accused of cartelising in order to pull down prices as it has become a buyers` market. Nearly half a dozen incidents of clashes...
More »Delay in release of water hits farmers
It is a double whammy for farmers of Indravati irrigated pockets of Kalahandi. If delay in release of water into the canals was not enough, the administration is yet to arrange for proper marketing facilities for procurement of Dalua (summer) paddy. The monsoon is knocking at the door but farmers are yet to harvest their crops. Besides, no marketing facilities have been provided for the already harvested paddy raising apprehension...
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