India's government has banned the export of onions after the vegetable doubled in price in the past week. The rise has been blamed on unusually heavy rains in growing areas, as well as on hoarders and speculators. Prices have jumped to 70 rupees ($1.55; £0.99) per kg from 35 rupees last week. The ban is until 15 January and India is importing onions to ease shortages. Onions are a basic ingredient in many...
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PM stings Pawar with onion order
The Prime Minister’s Office has given direct orders to top officials of Sharad Pawar’s department to get cracking after the food minister said it would take “two to three weeks” for onion prices to stabilise. Sources said an annoyed Manmohan Singh has conveyed to Pawar that the time frame set by the minister is too long, especially since prices have skyrocketed within a week. Expressing deep concern over the “extraordinary price rise...
More »Manmohan asks Ministries to bring down onion prices
With the Union government refusing to play Santa Claus and regulate market forces, the merciless rise in onion prices threatens to mar Christmas, New Year and Makar Sankrantri festivities. With several markets reporting a further rise in prices to about Rs.85 a kg, Prime Minister Manmohan Singh intervened, by directing the Ministries of Agriculture and Consumer Affairs to take steps to bring its prices to affordable levels. According to sources, the Prime...
More »Managing the anticipated food crisis by MS Swaminathan
FAO has warned that 2011 may witness a global food crisis. Proactive action is needed to meet the challenge of price volatility, chronic hunger, agrarian despair and climate change. The Food and Agriculture Organisation of the United Nations (FAO) has alerted developing countries about possible steep rises in food prices during 2011, if steps are not taken immediately to increase significantly the production of major food crops. According to FAO, “with...
More »Paddy and rice stashed in 1,700 gunny bags seized by officials
In a major catch, District Supply officials and Food Cell police unearthed paddy and rice allegedly stashed in as many as 1,700 gunny bags in a godown of a private rice mill in Keerathurai Mahalipatti here on Sunday. Two workers of the rice mill were detained and a goods vehicle was impounded, officials said. Following complaints from consumers that some ration shops claimed shortage of Re.1-rice, Collector C. Kamaraj formed a special...
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