-The Times of India NEW DELHI: Sixty is the new normal for onion prices in most cities after belying government expectation that prices would moderate in the first half of October. The end of Navratra, Eid-ul-Adha on Wednesday and insistent rain in many parts of the country has pushed prices to Rs 70 a kg in many cities, including Delhi. Retail price of onion has remained Rs 60 per kg in north Indian...
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Food inflation: How to decode the onion price puzzle-Usha Tuteja
-The Economic Times It is ironical that food inflation surged to around 18% in August when agriculture is the primary hope in the economy. The culprit was mainly vegetables and, within that, Onions. Onions are once again in the news due to steep rise in retail prices by almost 25% in a fortnight. Safal outlets in Delhi have set the price at Rs 60 per kg whereas some other retailers are charging...
More »Marketing, not hoarding
-The Business Standard Onion crisis is a reminder of the need for retail reform Onion prices in towns have begun, finally, to come down. That follows a fresh harvest of Onions in Karnataka and Maharashtra. But the price rise could happen again - unless its causes are realistically ascertained, and the right lessons drawn. The crisis was generally believed to have been triggered by low production, high exports and rampant hoarding. However,...
More »Food sector reform: Tackling the runaway food inflation train
-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
More »Raid threat pulls down onion prices in Maharashtra -Jayashree Bhosale
-The Economic Times PUNE: Onion prices have crashed by 25-30% from the peak of Rs 60 per kg last week after the Maharashtra government threatened onion traders with raids and new harvests eased pressure on supplies. On September 18 and 19, wholesale prices at many APMCs in Maharashtra had risen to Rs 55 per kg. A meeting held by the state's marketing director at Lasalgaon on September 19 suggesting raids if prices...
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