Government today decided to lift ban on exports of onion, following farmers' protest over crash in domestic prices within two months of touching Rs 80 a kg. The decision to this effect was taken at the meeting of the empowered group of ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee. But, as a precautionary measure against possibility of prices shooting again, the EGoM decided to allow shipments of onions at...

Global wheat harvests may trail demand for a second year, spurring hoarding and further price gains, said the United Nations. “Whenever you get the market as tight as we are now, hoarding becomes widespread,” Abdolreza Abbassian, a senior economist at the UN Food and Agriculture Organization, said in an interview by phone from Rome. Wheat, corn and soybeans soared to the highest levels since 2008 yesterday as a U.S. government report showed...

Agriculture department confirms high pesticide residues THE country’s regulators have failed to check the flow of pesticides into the food chain, suggests a monitoring report of the Department of Agriculture and the Indian Agricultural Research Institute, the country’s premier institute. Fruits, vegetables, poultry and milk are all laced with high pesticide residues —much above the maximum residue limits (MRL) set by the Prevention of Food Adulteration Act of 1954. Samples of...

Maharashtra Chief Minister Prithviraj Chavan made the plea following farmers' protest Go-ahead for export of 3 non-basmati varieties Onion prices as low as Rs. 4-5 a kg in Maharashtra Union Commerce and Industry Minister Anand Sharma on Friday said the government was actively considering a request from Maharashtra Chief Minister Prithviraj Chavan to lift the ban on export of onions whose prices crashed last week triggering farmers' protest. In a related development, the government...

PMFAI claims imported substitutes will cost the Indian farmers dearly Chemicals are the world's second largest traded commodity ‘India has a 70% market share of endosulfan business globally' The Pesticides Manufacturers and Formulators' Association of India (PMFAI), on the radar of some environmentalists and business lobbies, on Friday demanded the Central government to withdraw the “erroneous” report of the Ahmedabad-based National Institute of Occupational Health (NIOH) declaring endosulfan as a health hazard. Describing the...