Earlier, another farmer from the district, Sanjay Sathe from Niphad tehsil, had sent his earnings of Rs 1,064 for 750 kg of onions to the Prime Minister's Office by way of protest
The farmer sent the money as a protest for the low earnings he received through the sale of the onions
Policy missteps responsible for rising prices
New Delhi, 18 October The central government has decided to increase the open market supply of onion in Delhi from its buffer stock, created through the Price Stabilisation Fund, by two to three times from current levels. And, asked the Mother Dairy cooperatives chain to lower the price of onion sold through its outlets by Rs 2 a kg, to Rs 23.9 a kg.There hasn't been a big rise in retail onion prices here but the kharif crop output might be hit to some extent this year by drought in parts of Maharashtra, a prime supplier. This has already doubled wholesale onion prices in the state over the past week at the key Lasalgaon (Nashik district) market, to Rs 21.5 a kg.However, noted central officials at a review meeting here this week, the kharif crop is higher than last year. And, new crop arrival is expected in two to three weeks, which should take care of supplies. In the interim, the government would use its stock. Around 150 tonnes are being sold in the open market of Delhi presently ..
Drought in Maharashtra might reduce state's output by half
As a hedge against this, the government is making efforts to diversify sowing
Over 1,800 tonnes of onions arrived on Thursday and 1,600 tonnes on Monday
As farmers await warm weather to boost harvesting, supply to mandis might increase by the third week of January
The arrivals at Lasalgaon mandi on Thursday stood at 22,000 quintal, much higher than 8,000 quintal on November 22
Paswan expressed its helplessness in controlling the onion price, which crossed Rs 60 per kg this week in Delhi
This can lift prices in key importing countries like Bangladesh, Malaysia, United Arab Emirates and Sri Lanka
In Tamil Nadu's Salem district, prices have skyrocketed to Rs 160-170 per kg
Onion arrivals, however, have been normal with farmers bringing in 1,400 tonnes of the bulb to Lasalgaon
The average wholesale price of onion in Nashik, which was ruling at Rs 20/kg early this month
Onion prices have shot up to Rs 35-40 per kg in the retail market from Rs 20 per kg a month back
According to the Consumer Affairs Ministry, onions in Delhi on Friday were sold at Rs 36 per kg
Onion prices have quadrupled in the last two weeks due to lower supply as farmers and stockists held their inventory on expectations of further price spike. Nashik farmers' shifting to other horticulture crops including grapes, pomegranate etc. have lowered crop size prospects in the ongoing kharif sowing season which fuelled onion prices since the second week of July.Data compiled by the National Horticultural Research & Development Foundation (NHRDF) showed onion prices in Lasalgaon hit the highest in two years of Rs 26.60 a kg on Thursday before moderating abysmally to trade at Rs 24 a kg (of export quality). The model price, however, closed at Rs 21.60 a kg in this Asia's largest onion mandi on Friday compared to Rs 6.80 a kg just two weeks ago.There are two primary drivers to the onion price hike. Firstly, assuming that the government would not let its price go up, many famers sold their most quantity of stocks at a price between Rs 5 - 5.50 a kg, the price level onion ...
Onion prices hit the highest in eight months on a sharp increase in festival demand from stockists from domestic and overseas markets amid reports of low arrivals in major mandis across the country.Data compiled by the National Horticultural Research & Development Foundation (NHRDF) showed model price of onion in the benchmark Lasalgaon mandi in Maharashtra at Rs 8.70 a kg on Tuesday, almost double the price from its recent low of Rs 4.50 a kg on May 31. The current prevailing price of onion was not seen after November 30, 2016.Normally, prices of agricultural commodities move up during this time around every year due to rain hit supply disruptions and sudden spurt in festival demand from stockists for retailing in Dussera and Diwali. Two years ago, onion prices had hit the record of Rs 80 a kg in wholesale and Rs 100 a kg in retail markets which prompted the government to allocate Rs 500 crore for to create its buffer for market intervention. Consequently, government agencies ...
Lower prices boost dehydrated onion exports from India by 50%
Around 2,500 traders have surrendered licences in protest against a state govt directive that waived commission charges levied on farmers