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IB, RAW, ED and Income Tax dept get SOS from Modi govt to help check soaring onion prices -Samyak Pandey

-ThePrint.in Officials from Intelligence Bureau, RAW, ED and I-T department have been mandated to work with agriculture and consumer affairs ministries to check onion prices. New Delhi: It’s not just the policymakers in the Narendra Modi government who are worried about soaring onion prices. Sleuths from the Intelligence Bureau, Research and Analysis Wing, Enforcement Directorate and the Income Tax department are also on their heels, ThePrint has learnt. With the onion prices touching...

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Govt to import 1L-tonne onion to curb prices

-The Tribune New Delhi: The government today said it will import 1 lakh tonnes of onion to control prices that have risen sharply to around Rs 100/kg at some places, including the national capital. While state-owned trading firm MMTC will import onion, cooperative Nafed will supply the key kitchen staple in the domestic market. This decision was taken at a meeting of a committee of secretaries held on Saturday. “The government has taken...

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More tears in store? Onion prices may hit new high amid low supply

-The Hindu Business Line Retail prices of onion, which had softened a bit last month, have rebounded over the past few days on continued supply disruption, touching the Rs.100 per kg mark in pockets of consuming centres such as New Delhi and Chennai. The bulb could bring more tears to consumers in the days ahead, trade sources said, as the prices are likely to hit new highs with the crop sown in...

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Sale of onion, pulses to continue from buffer stock: Government

-IANS The representatives of the Ministry of Agriculture said that due to Diwali, the market was closed in Maharashtra due to which the supply of onion was affected for two-three days. NEW DELHI: The Central government has directed NAFED to continue supplying pulses and onions from the buffer stock in order to keep the prices under control, an official said. A meeting was held here on Wednesday under the chairmanship of Avinash Kumar...

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The minimum wage solution -Rajendran Narayanan & Sakina Dhorajiwala

-The Hindu While indexation of the NREGA wages is critical, lifting them to the minimum wage would help workers and the economy The government made two recent announcements at two ends of the spectrum to mitigate the economic crisis. One concerns a new indexation of NREGA wages meant to increase rural incomes. The second is a reduction in corporate tax rate. Prices of commodities increase each year, so it’s important to accurately estimate...

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