-The Hindu Business Line Bengaluru/ Chennai: The disruption of road transport between Karnataka and Tamil Nadu over sharing of the Cauvery river water in the past few days has impacted the movement of commodities such as Onions, poultry products, turmeric, tea and tomatoes, among others. This has resulted in the price of perishables, mainly Onions, falling as the new crop has started reaching markets in Southern Karnataka. “Onion prices are down by...
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Food India wastes can feed all of Bihar for a year, shows govt study -Zia Haq
-Hindustan Times India is growing more food but also wasting up to 67 million tonne of it every year, a government study shows. That’s more than the national output of countries such as Britain. And enough food for Bihar, one of India’s larger states, for a whole year. The value of the food lost – Rs 92,000 crore -- is nearly two-thirds of what it costs the government to feed 600 million...
More »WPI inflation rises to 3.74% in August despite fall in food inflation -Indivjal Dhasmana
-Business Standard This was the fifth straight month of WPI inflation after continued deflation for over a year Unlike deceleration in its consumer price index (CPI) counterpart, the Wholesale price index (WPI)-based inflation rose to 3.74 per cent in August from 3.55 per cent in July. However, even then it remained lower than retail price index-based inflation at 5.05 per cent that had declined from 6.07 per cent in July. This was the...
More »Why restrictions on stockholding and export of pulses must go -Harish Damodaran
-The Indian Express Govt must learn from mistakes in Onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
More »Onion plantation dips 68% in Nashik -Tushar Pawar
-The Times of India NASHIK: Kharif onion plantation has declined by 68% in Maharashtra's Nashik district as compared to last year. Delayed monsoon and a fall in prices of summer Onions have caused the decline. The total area under kharif onion plantation in the district was projected at 20,584 hectares (ha) but the plantation has been done on only 3,434ha (17%) so far. Last year, the area under kharif onion plantation was...
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