-The Economic Times PUNE: Onion prices have crashed by 25-30% from the peak of Rs 60 per kg last week after the Maharashtra government threatened onion traders with raids and new harvests eased pressure on supplies. On September 18 and 19, wholesale prices at many APMCs in Maharashtra had risen to Rs 55 per kg. A meeting held by the state's marketing director at Lasalgaon on September 19 suggesting raids if prices...
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Onion price rise may be due to hoarding: Centre -Dipak Kumar Dash
-The Times of India NEW DELHI: Onion prices have again hit the roof in Mumbai, Delhi and other major cities after stabilizing briefly in August, leading the Centre to suggest that traders and speculators might be "artificially" increasing onion prices and has asked whether a seasonal shortage in supplies is being exploited. "Governments of Delhi and Chandigarh were addressed to look into the possibility of traders and speculators creating an artificial...
More »Onion prices soar to Rs 5,300 a quintal in Lasalgaon-Tushar Pawar
-The Times of India Nashik: The average wholesale price of onions at the country's largest market at the Lasalgaon Agriculture Produce Market Committee (APMC) in Nashik touched a new all-time high of Rs 5,300 a quintal on Monday. This pushed the retail rate to Rs 70 a kg against Rs 55 last week. The prices have skyrocketed, breaking the previous record of Rs 4,800 a quintal last Friday, largely due to the...
More »Not traders, farmers turn onions into storehouse of value -Jayashree Bhosale
-The Economic Times PUNE: Anand Ostwal, 30-year-old farmer from Satana in Nashik district, who had given last chance to farming after having failed for a decade, is holding on to 500 quintal onions in the hope of buying a car. "If I get a price of Rs 50/kg for the 500 quintal onions, I will get bonus amount of Rs 5 lakh to buy a car. Otherwise, I will have to drop...
More »By 2017, India's slum population will rise to 104 million -Dipak Kumar Dash
-The Times of India NEW DELHI: India's slum population will surge to 104 million by 2017 - or around 9% of the total projected national population of 1.28 billion that year. This means urban planners will face escalating challenges as these slums will mostly proliferate in sleepy towns and in semi-rural areas, a consequence of an accelerating rural to urban shift across the nation. According to data provided in Parliament, Maharashtra, Uttar Pradesh,...
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