-The Hindu Business Line Strong demand, remunerative prices are the encouraging factors Kolkata: The uncertainty around production and prices of the common variety of paddy, Swarna, and the prospect of earning better income are driving farmers in Burdwan district of West Bengal to go in for the cultivation of gobindobhog, a premium variety of aromatic rice. Gobindobhog, which got the GI (Geographical Indication) tag in August, is primarily cultivated in East Burdwan district...
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MMTC to import 2,000 tonnes of onions to ease supplies, prices
-The Hindu Business Line Price double in key wholesale markets; Consumer Affairs Ministry suggests floor price for exports New Delhi/Mumbai: To check spiralling prices of onions and ease supplies, the Centre has decided to import 2,000 tonnes of onions through the State-owned MMTC while two other agencies, Nafed and SFAC, will source 12,000 tonnes locally, Food and Consumer Affairs Minister Ram Vilas Paswan has said. A floor price of $700 per tonne on...
More »Onion tears and how to wipe them -Ashok Gulati & Siraj Hussain
-The Indian Express Onion farmers have suffered even in a bumper crop year. Needed: Scientific storage facilities, a judicious trade policy. Onions are, once again, in the news. Last week, retail prices touched Rs 50/kg in several markets, and Wholesale prices touched Rs 30/kg in major onion markets like Lasalgaon in Maharashtra. This is not the first time that onion prices have spiked. Almost every alternate year, this roller-coaster of boom and...
More »Egg on the boil! Prices shoot up 40%
-The Times of India NEW DELHI: Hit by tight supply in the many states, egg prices in the country have increased by up to 40 per cent. Poultry Federation of India President Ramesh Katri on Monday said, "the prices have jumped by up to 40 per cent to Rs 7-7.50 per piece in retail markets in most parts of the country, hit by tight supply." He added that the upward trend would...
More »Wholesale inflation at 6-month high of 3.59%; vegetables get 37% costlier
-PTI WPI-based inflation in September had been the highest since April's 3.85% New Delhi: Inflation at the wholesale level rose to six-month high of 3.59 per cent in October as the prices of food articles, led by onions and vegetables, rose sharply. Inflation, based on the Wholesale Price Index (WPI), was 2.60 per cent in September. In October last year, it was 1.27 per cent. Last month's inflation was the highest since April, when it...
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