-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...
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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 »Egg prices hits a high, now as costly as chicken -Harish Damodaran & Parthasarathi Biswas
-The Indian Express Considering that egg production isn’t going to recover as fast as broiler, consumers may have to wait for a few weeks for prices to ease. New Delhi/ Pune: Egg prices have gone through the roof, so much so that at current retail rates of around Rs 7 per piece, it may be more worthwhile for people to eat chicken instead. Poultry farmers in the Pune region are now selling eggs...
More »Higher food prices accelerate retail inflation in October
-The Economic Times Consumer inflation touched a seven-month high in October denting hopes of rate cut when the Reserve Bank of India reviews the monetary policy next month. Retail inflation, as measured by the consumer price index (CPI) rose to 3.58% in October from 3.28% in September, data released by the government showed. “While we expect the RBI’s March 2018 projection to be revised down a notch, but October’s CPI and the likelihood...
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