-The Indian Express The main reason for rejecting the DCT (as opposed to DBT) option was the belief that paying market price for fertilisers upfront would result in additional financial burden. More than three-fourths of Indian farmers like the new system of fertiliser subsidy linked to sales made to them by retailers being registered on point-of-sale (PoS) machines. This so-called direct benefit transfer (DBT) system, wherein the subsidy to fertiliser companies...
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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 »Centre's steps help to cool off onion prices
-The Hindu Onion producers, however, have called an agitation, with one farmers’ group threatening a strike if the export ban is not lifted. Onion prices in Delhi have dropped below the Rs.60 a kg mark in the retail market for the first time in two weeks, as the Central government’s measures, imposing stock limits and banning exports, took effect, cooling off the prices in most parts of the country. Onion producers, however, have...
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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