-The Indian Express Cotton growers are realising decent rates despite bumper crop this time, thanks to government procurement. Aurangabad: In early-November, when Satyakumar Kolhe went to sell 18 out of his total 35 quintals produce of kapas (raw un-ginned cotton) at the Ambad wholesale market in Jalna district, the traders there quoted an average price of Rs 4,500 per quintal. The 45-year-old from Guru Pimpari village of Jalna’s Ghansawangi taluka, who grew...
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Stockholding restrictions for onion extended indefinitely
-PTI With onion prices continuing to rule high at ?80-90 per kg, the government on Wednesday extended prohibitions on traders from the stocking of edible bulb across the country for an indefinite period. Separately, Food and Consumer Affairs Minister Ram Vilas Paswan did not say by when prices of onion will normalise. “It’s not in our hand, the government is taking maximum efforts but who can win from nature,” he told reporters. Please click...
More »Time to TOP up -Ashok Gulati & Harsh Wardhan
-The Indian Express Tomatoes-onions-potatoes face extreme price volatility. Addressing it requires sustainable solutions, not temporary ad hoc measures. Last month, on September 13, when onion retail prices crossed Rs 40/kg in Delhi, the government was hyperactive and imposed a minimum export price (MEP) of $850/tonne. Later on, as prices went further up to Rs 50-60/kg, stocking limits were imposed on traders and exports of onions were banned. It created problems in...
More »Onion prices coming down says govt; farmers in agitation mode
-The Hindu Business Line New Delhi: Even as Union Minister Ram Vilas Paswan claimed on Thursday that onion prices have started cooling down in both retail and wholesale markets, Shetkari Sanghatana, an apex farmers’ body in Maharashtra, announced that all onion markets would be indefinitely closed from October 7 if the Centre failed to revoke its decision to ban onion exports and imposition of stock limits on traders. Retail onion prices, which...
More »Govt bans onion exports with immediate effect as prices stay elevated -Dhirendra Tripathi
-Livemint.com * The retail prices of onions spiked to Rs.70- Rs.80 earlier this week * Floods in key onion-producing states of Maharashtra, Uttar Pradesh, Bihar and others have hurt supplies New Delhi: The government has banned export of onions with immediate effect to check spiraling prices which touched Rs.70- Rs.80 per kg in the open market. The ban covers all varieties of onions. The Directorate General of Foreign Trade under the Ministry of Commerce...
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