Onion prices have risen about 20% in the past fortnight, as heavy rains damaged the crop and reduced the arrival of the vegetable in the market. Onions have become costlier despite higher production and storage. Prices are likely to increase some more, supported by an expected government procurement of onions, said trade sources. At Nashik‘s … Read more
New Delhi: India has exported more than 45,000 tonnes of onion since the ban on outbound shipments was lifted early this month, a top government official said on Wednesday. These exports provided relief to farmers after curbs were imposed to keep domestic supplies steady ahead of general elections. The world’s biggest vegetable exporter banned exports … Read more
Pune: The prices of pulses, wheat and onion fell substantially following a series of price control measures announced by the central government last week. Wheat prices have declined by 15% in the last four days after the central government tightened the stock holding limit on traders and processors. Likewise, the wholesale prices of onion at … Read more
New Delhi: The government plans to pay farmers for the purchase of tur and onions by directly transferring the amount to their bank accounts within 48 hours of the procurement, said a senior official. Until now, the National Agricultural Cooperative Marketing Federation of India and National Cooperative Consumers’ Federation of India Ltd – the two … Read more
The price of onions has come down to ₹30-40 per kg in the wholesale market in the backyard of Agricultural Produce and Livestock Market Committee (APMC) in Yeshwantpur, Bengaluru. | Photo Credit: Jahnavi T R After breaching the ₹100 per kg mark, the price of onions in Bengaluru has come down to ₹30-40 per kg … Read more
It has been three years since the onion growers in the State got decent returns on the vegetable. “The last three years, there was too much rain and the onions rotted away in the ground itself. This year, it is the opposite, and the plants are going dry in the heat,” said Mallikarjun, president, Rajya … Read more
India’s inflation woes are not over yet but food price spikes may be “transitory”, the Finance Ministry said on August 22, attributing the latest spike in headline inflation to global uncertainties triggered by the termination of the Black Sea Grain Initiative. | Photo Credit: SUSHIL KUMAR VERMA U.S. will issue record number of visas this … Read more
New Delhi: Amid the fall in onion prices, the government on Tuesday said it has directed cooperatives Nafed and NCCF to intervene in the market and immediately start procurement of red onion directly from farmers. National Agricultural Cooperative Marketing Federation of India Limited (Nafed) and National Consumers Cooperative Federation of India Limited (NCCF) have also … Read more
The Ministry of Consumer Affairs claimed that the onion prices in the country are now cheaper than the previous its efforts. The government has released more than 50% of the buffer stock of 2.08 lakh tonnes onion in the market. Onion prices had started rising from the first week of October, 2021, due to rains … Read more
Wholesale onion prices this month are ruling 25% to 30% higher than in January. Prices of pulses and wholesale edible oil, too, have increased helped by government measures to boost farmers’ income such as import restrictions and procurement at minimum support prices. Prices of masur (lentil) and urad have increased by 10% over January, while … Read more