-The Hindu Business Line Price double in key wholesale markets; Consumer Affairs Ministry suggests floor price for exports New Delhi/Mumbai: To check spiralling prices of onions and ease supplies, the Centre has decided to import 2,000 tonnes of onions through the State-owned MMTC while two other agencies, Nafed and SFAC, will source 12,000 tonnes locally, Food and Consumer Affairs Minister Ram Vilas Paswan has said. A floor price of $700 per tonne on...
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Egg prices hits a high, now as costly as chicken -Harish Damodaran & Parthasarathi Biswas
-The Indian Express Considering that egg production isn’t going to recover as fast as broiler, consumers may have to wait for a few weeks for prices to ease. New Delhi/ Pune: Egg prices have gone through the roof, so much so that at current retail rates of around Rs 7 per piece, it may be more worthwhile for people to eat chicken instead. Poultry farmers in the Pune region are now selling eggs...
More »Cash Crunch: Measuring the impact of notebandi on domestic agricultural markets -Harish Damodaran
-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...
More »Will bumper crop derail India's pulses deal with Canada? -G Chandrashekhar
-The Hindu Business Line The global pulse trade is in a tailspin. After living in a comfort zone provided by India in the form of a large ready market for long years, pulse exporting nations — many of them cultivating the leguminous crop with India as the primary target market — are now forced to grapple with new ground realities. To be sure, not only has India, the world’s largest producer, processor,...
More »Onion prices fall 35% after I-T raids on Nashik traders
-The Times of India NASHIK: The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in the offices, godowns and homes of seven onion traders in Nashik district of Maharashtra. After the sudden crash in wholesale onion prices, farmers stopped the auction at Lasalgaon and did...
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