Prices of onion, wheat and pulses fall on fear of government action

Prices of onion, wheat and pulses fall on fear of government action

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

Tur and onion growers may be paid via DBT for procurement

Tur and onion growers may be paid via DBT for procurement

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

Onion wholesale prices down, but no relief in Bengaluru retail market

Onion wholesale prices down, but no relief in Bengaluru retail market

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

Morning Digest | Food prices to cool soon, says FinMin; Piyush Goyal cautions protesting onion farmers against ‘political opponents’, and more

Morning Digest | Food prices to cool soon, says FinMin; Piyush Goyal cautions protesting onion farmers against ‘political opponents’, and 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

Centre directs Nafed, NCCF to buy red onion from farmers

Centre directs Nafed, NCCF to buy red onion from farmers

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

Efforts to ease onion prices bearing results, says government

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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

Onion, pulses, edible oil prices surge in February

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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

High food prices hurting India’s poor, pain to persist

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NEW DELHI: India’s retail inflation may stay elevated for at least three more months after hitting a six-year high in October, as excess rain has damaged standing crops and seedlings, while edible oils that the country imports have become expensive. The high prices are a particular cause of concern for India’s hundreds of millions of … Read more

Potato prices up 92% in one year, onions by 44%

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(This story originally appeared in on Nov 01, 2020) NEW DELHI: The average retail prices of all essential food items, except that of wheat, have increased in the past one year with potatoes witnessing the steepest rise of 92%, followed by onions at 44%. High food inflation has emerged as a policy worry although experts … Read more