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...

Showing its concern for farmers, the Mayawati government on Wednesday decided to implement the amended national agriculture insurance scheme (NAIS) and the all weather-based crop insurance scheme from the current sowing season. Both these schemes involve an expenditure of Rs 900 lakh. A decision to this effect was taken at a cabinet meeting presided over by chief minister Mayawati here on Wednesday. The NAIS, according to an official release, will be implemented...

If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...

Says the bank has also stopped refinancing farm loans Says no NABARD official has visited his office in a year Criticises Milma for deposits in a private bank Cooperation Minister G. Sudhakaran said here on Monday that the National Bank for Agriculture and Rural Development (NABARD) had not been taking the initiative to hold discussions on implementing the Vaidyanathan committee report on cooperative sector reforms and had stopped refinancing farm loans in the...

With the arrival of big onions from Pakistan and a ban on onion exports, wholesale onion market in Dindigul, one of the biggest markets in the State, witnessed a crash in the prices of big onions. However, prices of small onions remained stable. The prices of big onion that were hovering between Rs.90 a kg (top quality) and Rs.70 a kg for medium quality last week, came down to Rs.40 and...