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Wholesale onion price surges 118% in two weeks -Tushar Pawar

-The Times of India NASHIK: The average wholesale price of onions has surged 118% over the past two weeks in Maharashtra, from Rs 571 per quintal on July 13 to Rs 1,250 on Thursday, an 18-month high. To stabilise the steady rise in the price of the kitchen staple, the Centre may increase its minimum export price (MEP). The Centre had withdrawn the $700/tonne MEP in December 2015 after a crash in wholesale...

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Tomato prices soar to Rs. 100/kg in Delhi-NCR on short supply

-PTI New Delhi: Tomato prices have risen to around Rs. 100 per kg in the national capital market as supplies from major producing states have been disrupted because of heavy rains. Mother Dairy is selling tomatoes at Rs. 96 per kg here through its 300 retail stores ‘Safal’, while online grocery platforms like Big Basket and Grofers are offering this key vegetable at nearly Rs. 100 per kg. Local vendors are selling tomatoes...

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Rajya Sabha brainstorms on agrarian crisis

-The Hindu BJP lists ‘pro-farmer’ steps; govt. blind to problems: Digvijaya Opposition members in the Rajya Sabha sought to corner the Centre on the issue of agrarian crisis on Tuesday, accusing it of floating policies that were detrimental to farmers’ interests. However, defending the Narendra Modi government, members from the BJP and its allies hailed the “pro-farmer” initiatives taken under his leadership. Prabhat Jha, Parshottam Rupala, Ram Narain Dudi, Sanjay Raut and La....

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Farm crisis: Landless may be better off, but landed are worse off; here is what you should know of rural distress puzzle -Pranjul Bhandari

-The Financial Express The state of India’s rural economy is puzzling. There is enough evidence to support both opposing statements: one, that the rural economy has improved, and two, that the rural economy is in the doldrums. Some macro indicators have improved, though. The rural unemployment rate has been falling, while rural wages have been rising, particularly on a real basis. Alongside, indicators such as two-wheeler sales and consumer non-durables production...

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Why risks to inflation in India are on the rise -Roshan Kishore

-Livemint.com There is a growing risk that inflation may spike in the coming months The sharp drop in prices of farm products over the past few months has not just upset farmers across the country, but also seems to have complicated the task of India’s monetary authorities. The minutes of the last meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) show that the committee is divided...

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