Three days after arrival of 200 tonnes of onions from Pakistan, an additional 426 tonnes of the vegetable has also landed at Mundra port in Gujarat from the neighbouring country to boost domestic supply. "Second consignment of 426 tonnes of onions imported by the Indian government from Pakistan landed at the Mundra port yesterday (Sunday)," official sources said on Monday. "After the two consignments, rest 374 tonnes of the contracted onions...
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Peeling The Policy Cipher by Lola Nayar
What’s Going Wrong? * Market intelligence remains a weak link; farm policies rarely reflect correct scenario * Extensive damage to crop in Maharashtra not factored in promoting onion, tomato exports * Middlemen make capital while farmers realise 10-15% margin, not enough to recoup losses * Government market intervention capacity limited to foodgrains and pulses **** India’s worst-kept secret was finally revealed when the government threw up its hands in despair in the...
More »Pakistani onions land at Mundra port; to boost domestic supply
The first consignment of about 200 tonnes of onion imported by the government from Pakistan landed at the Mundra port in Gujarat today and is likely to reach Delhi on Tuesday. The government had asked state-owned trading agencies PEC and State Trading Corporation (STC) to import onion to boost domestic supply and rein in the soaring prices of the kitchen staple. Since Pakistan had banned trade of onion to India through land...
More »Centre seeks to get on top of inflation by Gargi Parsai
Availability of commodities to be augmented The Centre on Wednesday stepped up its efforts to rein in food inflation, which touched 18.32 per cent for the week ended December 25 last with onion price soaring to Rs. 60 a kg in retail. Prime Minister Manmohan Singh met Finance Minister Pranab Mukherjee, who later held a closed-door meeting with Agriculture Minister Sharad Pawar and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Mr. Pawar...
More »Price rise: Chidambaram questions Pawar on sugar exports by Surojit Gupta
Differences within the ruling government alliance over food management came to the fore on Tuesday with home minister P Chidambaram questioning agriculture minister Sharad Pawar's pitch for resuming export of sugar. A meeting convened by Prime Minister Manmohan Singh to discuss measures to calm soaring food prices saw sugar become a key focus area with Pawar plumping for freeing its export, citing an expected bumper crop this year. As soon...
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