Beleaguered by rising prices, Union agriculture minister Sharad Pawar on Saturday termed sky-high onion prices a seasonal phenomenon and hoped that the picture will change in the coming months. “Onion prices have shot up as over 70% of crop from Nashik, which would have been ready for sale in December-January, was destroyed due to unseasonal rains. This has disturbed the cycle of supply in the country. It will be restored after...

Reeling under the spiraling prices of essential commodities, locals and activists from regional factions staged agitations in several parts of the country to protest the perceived inability of the central government in tackling inflation. The simmering row over inflation boiled over in Agra as activists of regional Samajwadi Chhatra Sabha (SCS) vented their ire through a unique demonstration. Shouting slogans, the student activists traversed the streets of Agra on bullock and horse...

After announcing Food Prices had reached record levels last week, the United Nation’s (UN) Food and Agriculture Organisation (FAO) is now trying to play down concerns about shortages. The FAO’s representative for Asia and the Pacific region, Hiroyuki Konuma, admitted that food supply and demand were tight but said there were sufficient grain stocks to feed populations. Though certain foods such as sugar, meat, corn and soybeans are selling at a...

Union Agriculture Minister Sharad Pawar, while admitting inflation was a cause for concern, attributed the upward trend to the gap between supply and demand. Pawar was speaking to reporters after inaugurating the Centre of Excellence for vegetable, under the Israel-India cooperation in Agriculture. Pawar maintained while the production of a few commodities was increasing, the demand was invariably surpassing the supply, leading to inflation in prices. He maintained the government was looking to...

Food and Agriculture Minister Sharad Pawar has declined to be dragged into the controversy surrounding the implementation of the food security Bill. The move assumes significance in the wake of the differences between Sonia Gandhi-led National Advisory Council (NAC) and the Rangarajan committee. Pawar said his ministry was ready to implement the Bill according to the decision taken by the government. On a visit to the state-of-the-art Gowardhan dairy at Manchar,...