Much to the discomfiture of the Centre and in a further jolt to the common man, food inflation zoomed to almost a year's high at 18.32 per cent for the week ended December 25, 2010, owing to a spurt in the prices of vegetables, Onions and milk. The sudden spurt in the wholesale price index-based food inflation from 14.44 per cent a mere week ago — and more than double...
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200 tonnes of Onions rot at JNPT as officials pass buck by Vijay Singh
Even as the new year brings little cheer on the price front, the famed apathy of our officials continues to move the common man to tears. Nearly 200 tonnes of Onions imported from Pakistan are lying at the Jawaharlal Nehru Port Trust (JNPT) at Nhava Sheva while officials pass the buck for not releasing the bulb to onion-starved markets. The affected traders have indicated that the cargo is stuck for want...
More »Onion production likely to dip 12% this year
The country’s onion output is likely to dip by over 12% to 10.5 million tonnes in the 2010-11 crop year due to untimely and erratic rains last year, a top official said. India produced 12 million tonnes of Onions in the 2009-10 crop year. Onions are grown in three seasons — kharif (summer), late kharif and rabi (winter). “We expect onion output to decline by 1.5 million tonnes to 10.5 million...
More »Fog hits supply, egg prices up
Fog not only delays trains and flights, causes road accidents and makes the winter season depressing but also causes the prices of eggs to rise. The recent increase in egg prices is attributed to fog and the prices are likely to increase again as soon as the visibility drops. To add to that, Onions and tomatoes are also becoming more expensive. According to Shabir Ahmed, secretary, Poultry Federation of India, eggs...
More »Rains drown India’s crop estimates, stoke inflation by S Sujatha & Jayashree Bhosale
From Onions, sugar and coconuts, to tea, pulses, rice and spices, all kitchen ingredients will remain expensive in the New Year as unseasonal rains beyond the monsoon wipe out India’s major crops. Worse, rains are hampering the sowing of winter wheat, coarse grains and oilseeds, putting further pressure on food inflation that touched a two-and-a-half month high at 14.44% on Thursday. Across the country, farmers are helplessly watching their fields turn into...
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