With surplus onion in markets across the country, there is finally some relief for the consumers as prices of the bulb fell by about Rs1,000-Rs1,500 per quintal on Monday. However, it irked farmers so much that they shut down the wholesale market at Lasalgaon in Nashik in the afternoon and demanded lifting of the ongoing export ban. The Lasalgaon Agriculture Produce Market Committee (APMC) wholesale market opened on Monday with onions...

Onion prices have crashed at Lasalgaon, Nashik’s wholesale market due to sudden increase in the supply. Wholesale onion prices have plummetted to Rs 13 a kg in Lasalgaon. On Saturday morning average quality onion price at Lasalgaon was Rs 2600 per quintal (Rs 26 per kg). On Monday, it came down to Rs 1300 per quintal. The sudden downturn in onion prices seems to have been triggered by the fact that the...

Fundamentally, our current crisis in food supplies as well as food prices arises out of the sidelining of Jawahar Lal Nehru’s dictum “everything else can wait but not agriculture”. Unfortunately, the last twenty years have been characterised by very low rates of agricultural growth, averaging around one percent per annum. This is almost equal to the rate of GDP growth during the last half century of British rule. In effect, in...

That Indian firms, some of them backed by the government, have gone scouting for land abroad to farm crops for consumption back home is well-known. Reversing the trend, now many Gulf countries are getting a toehold in India that will allow them to farm here and export the food back. A Bahraini firm, the Nader & Ebrahim Group (NEG), recently tied up with Pune-based Sanghar Group to do exactly that....

‘The least that every worker in field and factory is entitled to is a minimum wage which will enable him to live in modest comfort, and humane hours of labour which do not break his strength or spirit...,’ Jawaharlal Nehru declared stirringly in his presidential address to Congress in Lahore in 1929. Eight decades later, the Union government of free India resolved that it would not pay the minimum wage...