-Down to Earth Despite being a world leader in pulses production, India has been forced to import due to crop loss and seed deficit. The sharp rise in prices is only a symptom Rani Devi, 47, is drying chickpea (chanaa daal) in Kuite Khera village of Uttar Pradesh. She intends to use them as seeds in the coming rabi season (October to December), as she is facing acute shortage of seeds....
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Govt hikes onion minimum export price to $700/tonne to check prices
-The Hindu Business Line New Delhi: With onion prices continuing to be a worry for consumers, the Centre has raised the minimum export price (MEP) of the bulb to $700 per tonne. The MEP was last increased on June 26 this year to $425/tonne from $250/tonne. An official statement released by the Food and Consumer Affairs Ministry also said that the tender floated for onion imports will be opened on August 27....
More »Why skyrocketing onion prices pack a pungent punch -Gaurav Choudhury
-The Hindustan Times The skyrocketing prices of onions, a key ingredient used in making dishes ranging from curries to biryanis, reflects India’s inability to insulate staples from weather-induced supply disturbances. On Thursday onions traded at Rs 4,900 a quintal (or Rs 49 a kg) at Lasalgaon in Maharashtra, India’s largest wholesale market for the crop. Inadequate supplies have pushed up prices sharply over the last few weeks. Already, retail onion prices have...
More »Onion prices threaten to cross Rs 100 a kg in Delhi as stockists make a killing -Dipak K Dash
-The Times of India NEW DELHI: Traders and stockists seem to be making a killing as onion prices have soared across the country in the past 2-3 weeks. The staple kitchen item was selling at around Rs 80 per kg in the market in Delhi, as a substantial jump in prices was reported from Delhi's wholesale mandis. Prices of pulses have also gone up considerably in the past three weeks. Now there...
More »Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
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