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Retail onion prices soar to double of wholesale rates -Sidhartha & Dipak Kumar Dash

-The Times of India NEW DELHI: The large difference between wholesale and retail prices of onions in markets such as Delhi, Indore, Chandigarh and Mumbai has taken the government by surprise despite several steps announced by it, including an advisory to states to crack down on hoarding and speculation. Data available with the government showed that last week, the key kitchen ingredient was available for Rs 12.75 a kg in the wholesale...

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A veggie vengeance -Shreekant Sambrani

-The Business Standard   The government needs counter cyclical policies to tackle vegflation, which has become a recurrent problem Somebody help. Narendra Modi and Arun Jaitley are held hostage, not by jihadists, recalcitrant opposition, international capital or the ever-erratic monsoon, but by faceless, nameless manipulators of nasik, Navi Mumbai and Azadpur markets. The "raw" terror they have let loose resounds in the corridors of government as well as media power. Cutting to the chase,...

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How Govt can fight food inflation -Tejinder Narang

-The Hindu Business Line   Plus ça change, plus c'est la même chose (The more things change the more they remain the same ): A French proverb. In its earnest to tackle rising food inflation the new Government has taken a welcome initiative to delist fruits/ vegetables including onions (FVO) from the Agricultural Produce Marketing Committee (APMC) Act, while all other measures are as usual - short term of political expediency, repeated several...

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Despite record onion yield, prices shoot up -Subodh Varma

-The Times of India   NEW DELHI: There has to be something drastically wrong somewhere when onion prices start rising just after the largest ever harvest of onions. In 2013-14, India harvested 19.3 million metric tons of onions. That's 15% more than the previous year. This is not the final figure: it is the latest estimates put out by the agriculture ministry and may go up or down by a couple of...

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Onion prices likely to soar as major suppliers go on strike

-The Hindustan Times   Already struggling with milk crisis, the state's residents may now face a shortage of onions, as onion traders in nasik went on an indefinite strike from Monday. nasik is a major onion supplier to Jharkhand and onion prices are likely to go up if the strike continues. "nasik meets 40-50% of state's demand of onions. So, prices will go up for sure, if supply reduces. We hope the strike...

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