-The Indian Express Modi government's potato policy will prove counter-productive. Onions and potatoes take centre-stage again. Having secured a mandate based on people's unhappiness with continuously high and painful food inflation, the government's inability to control prices is, understandably, sending shivers down the BJP's spine. Fulfilling the aspirations of urban voters and winning over a thoroughly exacting Delhi electorate, where re-elections are due, are essential to the BJP's game plan to succeed....
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Government Cuts Onion MEP to USD 150 a Tonne
-Outlook Government today reduced minimum export price (MEP) of onion to USD 150 a tonne from USD 350 to boost shipments and check sharp fall in domestic prices that has led to farmers protest in producing states. This is the third downward revision of onion MEP, the benchmark price below which the commodity can not be exported, this month. On December 16, the Centre had reduced it to USD 800 a tonne...
More »Now, onion over-supply leads to crisis -Dipak Kumar Dash
-The Times of India NEW DELHI: The government seems to be facing another onion crisis. If just a month ago it was scarcity and high prices that forced the government to almost stop export, this time abundant production and crashing prices is likely to cause unrest among onion growers ahead of the general election. There were reports of farmers halting business in Nashik on Tuesday as the wholesale price touched Rs 9.5...
More »Nashik farmers halt biz as onion prices drop to Rs 9.5 -Nanda Kasabe
-The Indian Express Pune: Angry farmers in Pimpalgaon Baswant, the biggest onion trading market in Nashik after Lasalgaon, brought business to a complete halt on Monday after average wholesale prices fell to R950 per quintal. Last week, farmers had threatened to disrupt markets if prices fell below the R1,000-per quintal mark. Farmers blocked the Mumbai-Agra highway in the morning, halting traffic for the entire day. Their demands are removal of the minimum export...
More »90% onion stocks over, hoarders could look to make a killing-Dipak Kumar Dash
-The Times of India NEW DELHI: Onion hoarders and unscrupulous traders could be looking to make a killing over the next 15-20 days as 85-90% of the country's onion stock is over and only 3-4 lakh tonnes remain available for consumption. Since traders are aware of the depleting stock, and know that arrival of the kharif crop from October will ease supplies and depress prices, they seem to be trying to extract...
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