-The Times of India NASHIK: The average wholesale price of Onions at the country's largest market at the Lasalgaon Agriculture Produce Market Committee (APMC) in Nashik touched a new all-time high of Rs 5,300 a quintal on Monday. This pushed the retail rate to Rs 70 a kg against Rs 55 last week. The prices have skyrocketed, breaking the previous record of Rs 4,800 a quintal last Friday, largely due to the...
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Inflation at 6-month high on Onions
-The Times of India NEW DELHI: The rate of inflation accelerated to a six-month high in August on the back of spiralling Onion prices, posing yet another challenge for RBI ahead of the monetary policy review as it struggles to tame volatility in the foreign exchange market. Data released on Monday showed the wholesale price index (WPI) rose an annual 6.1% in August, higher than previous month's 5.79%. The inflation rate...
More »Onions drive inflation to six-month high at 6% in August-Somesh Jha
-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in Onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, Onion prices can't be brought down by interest rate policy, but it is all set to...
More »Not traders, farmers turn Onions into storehouse of value -Jayashree Bhosale
-The Economic Times PUNE: Anand Ostwal, 30-year-old farmer from Satana in Nashik district, who had given last chance to farming after having failed for a decade, is holding on to 500 quintal Onions in the hope of buying a car. "If I get a price of Rs 50/kg for the 500 quintal Onions, I will get bonus amount of Rs 5 lakh to buy a car. Otherwise, I will have to drop...
More »Do crop intensification techniques hold the key to food security?-Caspar van Vark
-The Guardian Indian farmers have seen increased yields not just in rice but also in wheat cultivation. Could SCI curb hunger in low-resource communities? Yields achieved under the system of rice intensification (SRI) have made headlines in recent years, with one farmer in India reported to have produced a record-breaking 22.4 tonnes from one hectare of land in 2011. But why stop at rice? Farmers and NGOs have found that the same...
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