With the prices of most of the vegetables soaring, the Income Tax sleuths on Friday carried out massive raids on the offices and Godowns of the wholesale traders in onion and garlic in major cities and towns of Gujarat. The outcome of the raids that started in the morning was not immediately known, but informed sources said the idea was to check whether the wholesalers were unduly holding stocks to take...
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Speculators at work by Alok Ray
If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...
More »Tribals starving in Mizoram, claims NGO
Over 4,000 Chakma tribal people in Mizoram have been starving for the past few weeks, a non-governmental organisation said Thursday. "Over 800 Chakma tribal families comprising over 4,000 men, women and children in four villages in Chakma Autonomous District Council (CADC) areas of southern Mizoram have been starving for several weeks," New Delhi based Mizoram Chakma Development Forum (MCDF) said in a letter to the Mizoram government. MCDF president Hemanta Larma said:...
More »The political price of onions
The spectre of rising onion prices is haunting Indian politics again. As prices trebled over a period of three weeks, touching Rs.90 a kg in some parts of the country, the liliaceous plant, whose bulb is the mainstay of many Indian staple recipes, became a topic of debate and discussion not only for ordinary consumers, but for economists and policymakers as well. India is the world's second largest producer of...
More »Chhattisgarh spurs PDS aim by Sudhir Kumar Mishra
Chief minister Arjun Munda is keen to replicate the efficiency of the public distribution system (PDS) in Chhattisgarh under fellow BJP leader Raman Singh, to ensure better delivery of foodgrains for Jharkhand’s below poverty line (BPL) families. Speaking exclusively to The Telegraph, Munda said food and civil supplies department principal secretary Rajbala Verma had recently visited Chhattisgarh to assess how the Raman Singh government had been smoothly doling out foodgrain to...
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