-Livemint.com * The retail prices of Onions spiked to Rs.70- Rs.80 earlier this week * Floods in key onion-producing states of Maharashtra, Uttar Pradesh, Bihar and others have hurt supplies New Delhi: The government has banned export of Onions with immediate effect to check spiraling prices which touched Rs.70- Rs.80 per kg in the open market. The ban covers all varieties of Onions. The Directorate General of Foreign Trade under the Ministry of Commerce...
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Rs 80 per kg and climbing: Onion prices may not come down anytime soon, here's why! -Sindhu Chandrasekaran
-The New Indian Express Maharashtra, MP, Karnataka and AP are major producers of Onions in India. These states were severely hit by the monsoon this year, which destroyed their farm produce. The prices of basic commodities like fuel and Onions are skyrocketing just as the festive season is around the corner. While fuel prices hit a yearly high on the back of the ongoing tensions in the Middle East and the US-China...
More »What is behind sky-high onion prices? -Subodh Varma
-Newsclick.in More than ‘short supply’, profiteering by traders is behind the ongoing high prices. But why is the government beating around the bush instead of acting fast? Within weeks – in fact days – onion prices have gone through the roof across the country, reminding everybody of the periodic spikes in the past that caused governments to fall. In Delhi, for instance, the price of Onions at the local sabziwala is ranging...
More »Decision to import Onions reflects the government's anti-producer bias -Kabir Agarwal
-TheWire.in The move itself reveals a deep-seated pro-consumer and anti-producer bias that has been, in large part, the reason for the agriculture economy being in doldrums. New Delhi: The government has decided to import Onions from ‘Pakistan, Egypt, China, Afghanistan or any other origin’, according to a Metals and Minerals Trading Corporation Limited notifications. Some concerns were raised about importing from Pakistan. “And why import from Pakistan? Is the Indian farmer a...
More »After seeking import, Union govt slaps steep export charge on Onions -Parthasarathi Biswas
-The Indian Express The steep MEP will, in a way, stop all outbound shipment of Onions from India. THE UNION government on Friday slapped a steep Minimum Export Price (MEP) of $ 850 per tonne on Onions, virtually putting brakes on the export of the produce. This is the first time that a MEP has been imposed on Onions this year. Simply put, henceforth exports will not be allowed if the consignments...
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