-The Times of India NEW DELHI: There were signs of onion prices falling in certain cities on Monday. Similar correction in prices are expected in the next few days as arrival has increased almost two-fold at Asia's largest onion market in Lasalgaon. Similar was the trend in PIMpalgaon and Delhi. Food ministry sources said higher quantity of onion arriving at markets will increase supply across the country in the next few days...
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Hoarding pushing up onion prices up, govt finds -Rajeev Deshpande
-The Times of India NEW DELHI: The onion crisis gripping the government might be largely man made. Slow release of onion stocks by a clutch of traders rather than a shortfall in production has emerged as a key reason for retail prices rocketing to Rs 70-80 a kg. The government uncovered the plot - hatched by traders operating from major onion markets in Nashik in Maharashtra - as it sought to figure...
More »Onion crisis: Govt puts curbs on exports, looks for import
-PTI NEW DELHI: With onion prices soaring to Rs 80 per kg in major cities, the government today took steps to boost supplies of the commodity by importing them and curbing their exports. Fearing that prices of the politically sensitive commodity could get out of hand, the government asked cooperative major NAFED to import onions from Pakistan and Iran, according to an official statement. The government also imposed a minimum export price (MEP)...
More »CoS meeting to wipe onion tears -Gargi Parsai
-The Hindu The panel is planning to crack down on hoarders and enhance the availability of onions Priced between Rs. 60 and Rs. 80 per kilogram in several parts of the country, onions are bringing tears to housewives. Concerned at the problem, the Committee of Secretaries is meeting here on Wednesday to take steps - including a crack down on hoarders - to ease the situation. Onion produce in Andhra Pradesh and Karnataka...
More »High stakes, mega bucks fuel illegal ‘dig-load-sell’ sand business -Surojit Gupta
-The Times of India NEW DELHI: Humble sand is today big business. The boom in the construction industry in the last decade has triggered a huge demand for sand, to meet which contractors, with the help of pliant state officials, have begun a dig-load-sell exercise at a frantic pace. The story of illegal loot of sand in this high-stake business is repeated in state after state. TOI spoke to several officials, activists,...
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