-The Hindu Business Line Scale Rs. 2,300/quintal; reports of traders hoarding the bulbs Bengaluru/ Mumbai: onion prices at Lasalgaon, the country’s largest wholesale market for the vegetable, surged on Thursday to touch a high of Rs. 2,300 per quintal on tight supplies. The modal prices have almost doubled over the past two days and more than quadrupled since early July, when prices hovered around Rs. 500. Prices across the country are expected to...
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Wholesale onion price surges 118% in two weeks -Tushar Pawar
-The Times of India NASHIK: The average wholesale price of onions has surged 118% over the past two weeks in Maharashtra, from Rs 571 per quintal on July 13 to Rs 1,250 on Thursday, an 18-month high. To stabilise the steady rise in the price of the kitchen staple, the Centre may increase its minimum export price (MEP). The Centre had withdrawn the $700/tonne MEP in December 2015 after a crash in wholesale...
More »Potential of farm exports not fully tapped, says study
-The Financial Express The domestic prices of key agricultural commodities were below the export-parity prices during most of the time in the decade 2004-2014, according to a new study by Icrier and World Bank. However, the export/import opportunities were not always used as restrictive trade policies played spoilsport; for instance in the 2007-08 global food crisis, though rising global prices made many Indian products export-competitive, rice and wheat exporters among others were...
More »Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun
-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...
More »Farmers from Maharashtra to sell produce directly in Delhi -Parthasarathi Biswas
-The Indian Express The FPC movement in Maharashtra has seen much action over the last year or so. Working under the banner of MahaFPC, the FPCs had purchased more than 25,000 MT of tur last year. Pune: After their success in government procurement, the Farmer Producers Companies (FPCs) of Maharashtra are eyeing the wholesale markets in other states as avenues for their produce. In the first phase MahaFPC, the consortium of...
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