The government will also sell onions at 400 ration shops across the national capital
Onion has become costlier by over 33 per cent in the last one week and over 70 per cent in September so far
Government vigilant, considering MEP to control exports
In July 2018, the government had introduced 5 per cent export incentive for fresh onions
Maharashtra, Karnataka, Madhya Pradesh, Bihar and Gujarat are the major onion producing states
The onion export increased by 47.69 per cent to Rs 1,443.09 crore in the period under review
According to NHRDF data, model prices of onion were Rs 615 per quintal in January
Huge carry-forward and less demand led to decline dehydrated onion export from India by almost 50 per cent to 15,000 tonnes in this year as against 30,000 tonnes in 2016. According to the industry, last year export was good due to lower prices as result many importing countries like Russia, Germany, France and USA also have sufficient stock which half in this year. "Internationally, Indian dehydrated onion prices are lower than China and Egypt but as consuming countries have sufficient stocks, demand has come down by 50 per cent so far and will not gain much during this year. India's total export may not be more than 40,000 tonnes," said Vitthalbhai Koradiya, managing director of Maharaja Dehydration.India had exported about 50,000 tonnes in 2016 and the industry is expecting to export about 35,000-40,000 tonnes. India is offering dehydrated onion at $ 1,650 per tonne while China and Egypt offer it in $ 2,000 a tonne. On the other hand the country is having about 20,000 tonnes of ...
Modus operandi: Buy in Lasalgoan at Rs 4 a kg, sell in the north at Rs 11-13
Government had removed peak $700 a tonne MEP last year in phases, to nil by last month
Wholesale traders have decided to stop onion trading till November 24
Hyderabad Onion Merchants Association said it will stop onion trading for 5 days starting Tuesday until Nov 19
Storage loss of 40% compounds 70% fall in price after procurement begins
Lasalgaon market prices at Rs 1-1.50 a kg make farmers demand subsidy of Rs 5 a kg, minimum support price and setting up of an onion board
In comparison, the average cost of production is Rs 5 a kg and onion of average quality was quoted at Rs 40-50 a kg across the country early this calendar year
Onion output had dropped to 18.92 mt in the 2014-15 crop year (July-June), due to poor rain
Tomato production also rose 12 per cent to 18.4 mt in 2015-16 crop year as against 16.3 mt in the previous year
Gadkari said the sharp fall in prices has hit onion-producing states, particularly Maharashtra, and farmers are in distress
Model (average) onion prices were Rs 6 a kg on Friday at the major wholesale market at Lasalgaon
Upset over the valuation, Darade returned home and threw 13 quintal of onion in his field