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expected onion price rise

NewsX. To control prices and shortage Indian government had banned export of onions from India … Ghimire said that the situation will now change as the seasonal onions will start arriving in the market. What are the prospects for the next crop? Buddhi Raja Singh, a wholesale trader of onion and garlic in Azadpur Mandi, said, “The current increase in onion prices is due to a decline in arrivals and excessive rains damaging onion crops stored across Maharashtra, Karnataka and Andhra Pradesh, three major producer states in this season.”. The landed cost of onions from Iran at Mumbai port works out to around Rs 35 per kg. But even Maharashtra farmers, in fact, have suffered more than their usual storage losses — 50-60% as against 30-40% normally. This was followed by the relaxation of import norms on Wednesday, to allow easy shipping in from Iran, Turkey and other onion-producing nations. Twitter Despite relentless crackdown on online fraudulent rackets on the part of Nepal Police, scammers continue to swindle unsuspecting users out of millions of rupees. While the country also imports the commodity from China, it started importing onions from Namibia as well since last year. Wholesale traders are now allowed to stock up to 25 tonnes of onion, and retail traders up to 2 tonnes. Onion prices continue to rise across metros in India with rates touching Rs 80 per kg in some places. Since then, possibly with the Bihar elections in mind, the government has acted twice towards controlling onion prices; it relaxed import norms on Wednesday, followed by Friday’s reintroduction of the stock limit. A small basket of the oval-shaped tomatoes increased by 9.1% to sell for an average of N6,000 compared to an initial average of N5,500. A version of this article appears in print on January 01, 2021 of The Himalayan Times. Till a week ago, rates were around ₹30-40 a kg. “Last year, onion prices were good and farmers were extra-indulgent with urea to increase yield. Onion prices in the country have increased by over 400 per cent after March, said Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan in Lok Sabha on Tuesday. According to Agricultural Statistics Report 2018-19 published by the Ministry of Agriculture and Livestock Development, 239,024 tonnes of onions were produced in the country in the fiscal year 2017-18. In an effort to boost domestic supply and check price rise, Piyush Goyal said private traders have already imported 7,000 tonnes of onion and another 25,000 tonnes are expected … Kathmandu Upatyaka Khanepani Limited, a public undertaking responsible for water supply in the Kathmandu valley, is all set to construct water processing plants near water sources in various places of the valley. The government’s decision to hold the Secondary Education Examination (SEE), held at the end of class 10, from mid-May should put to rest any doubts about whether or not students will have to s Read More... KATHMANDU, DECEMBER 31 Speaking to, Nandan said there has been a sharp drop in onion prices across the country. At the source of the problem was the rather prolonged monsoon which only began its withdrawal on October 9. Every year, Nepal imports onions worth more than Rs thee billion from India. If the supply from imports was delayed, prices may increase further, as the cost of potato has also increased by Rs 5 in the wholesale market. Before the Spring Festival, a cold wave suddenly hit the whole Weifang City in Shandong Province, and the temperature in this area dropped significantly to minus eight degrees, close to the lowest temperature in history ever recorded. There are three main onion crops — kharif (June-July sowing, post-October harvest), late kharif (September sowing, post-December harvest), and rabi (December-January sowing, post-March harvest). Items that witnessed price increase. After prices in the domestic market started to rise significantly, the GOI decided to intervene and imposed an export ban on onions in order to slow down the price increase for consumers. Gradually the onion sets will be distributed in other districts as well. Cooperative Nafed will also start importing onion… These limits were set after taking into consideration the rise in prices year-on-year. Turkey’s decision to halt onion exports set to increase onion prices in India by 10-15%. (Express Photo: Narendra Vaskar), How the Covid-19 situation in India was looking on the last day of 2020, How does the coronavirus variant spread? According to experts, the price may soon reach ₹120 to ₹150 per kilo. New Delhi: Onion prices are expected to come down this year after prices skyrocketed to Rs 100/kg last month, which saw this kitchen staple go off the shelves. In the latest instance of such fraud, Metropolitan Police Crime Division yesterday arrested two youths, inclu Read More... KATHMANDU, DECEMBER 31 The average retail price of onion on December 3, 2019, was recorded to be Rs 81.9 per kilogram in comparison to Rs 15.87 per kilogram in March 2019. Such onions, they point out, lack pungency and are larger than Indian ones.  Follow Express Explained on Telegram. The Indian Express is now on Telegram. After major shortage of onions in India, the country is relying heavily on imports. Farmers in Maharashtra alone had marketable onions, having stored around 28 lakh tonnes at the start of summer. The price of a big basket of oval-shaped tomatoes increased by 11.1% to sell for an average of N10,000, as against an initial average of N9,000 recorded weeks ago. “It’s mostly going to be delayed until the end of November,” said Suresh Deshmukh, a commission agent operating out of the wholesale market in Dindori, MP. According to the agriculture ministry’s 1st Advance Estimates of 2019-20 of Area and Production of various horticulture crops, that was released Monday, the country is likely to see an overall 7 per cent increase in onion production. According to Spokesperson of the Special Court Pushpa Raj Panday, the bench of Special Court Chairperson Prem Raj Karki, and judges Ab Read More... KATHMANDU, DECEMBER 31 Read more about 7,000 tonnes onion imported, 25,000 tonnes may arrive before Diwali: Goyal on Business Standard. Wholesale onion prices fell by up to ₹10 per kg in key consuming markets such as Delhi, Mumbai and Chennai with increase in arrival of the perishable commodity after the … January 1, 2021 ; News ; 2 minutes read ; Nepali consumers left teary-eyed this year due to soaring price of onions can expect some respite in the coming days as India is resuming the export of the kitchen staple from January 1. According to the centre, around 1.5 million onion sets will be distributed to the farmers. Farmers, especially in Maharashtra, store it in on-field structures called kanda chawls to protect it from moisture and light. Singh said retail prices may touch “Rs 100/kg in October as the new crop is expected to arrive only in November”. With less than a week to go for the Bihar elections, the Centre on Friday reintroduced the stock limit on onions — a move aimed at controlling rising prices, which crossed Rs 80 per kg in many cities on Friday, including nearly Rs 100/kg in Mumbai. Of the 28 lakh tonnes stored in Maharashtra, around 10-11 lakh tonnes remain now. The prices are expected to rise further in the coming days. This crop was meant to arrive after September and was expected to feed the markets until the arrival of the kharif crop from Maharashtra towards the end of October. In the first phase, distribution has started from Kathmandu valley and nearby districts. New Delhi: All-India average retail price of onions has dropped by 60 per cent this year to Rs 40 per kg on timely government interventions to boost the supply, Consumer Affairs Secretary Leena Nandan said on Thursday. Parthasarathi BiswasPartha Sarathi Biswas, is an Assistant Editor with The Indian Express,... read more, * The moderation of comments is automated and not cleared manually by, Copyright © 2021 The Indian Express [P] Ltd. All Rights Reserved, Explained: Why onion prices are rising, and how the Govt has responded, At APMC market in Navi Mumbai on Friday. There are three seasons for … But suddenly one day the wholesale price of the onion increased by ₹2,000 per quintal which led to a rise in its retail rates. With Turkey halting export of onions for a while, prices of the bulb may rise by another 10 percent to 15 percent after a brief respite, as per a report by The Indian Express. The Special Court today granted bail to Uma Kumari Dhakalni, the wife of one of the two main accused in the Lalita Niwas land grab case. Earlier, water processing plants were located near distrib Read More... Court grants bail to wife of main accused, 2020, a tough year for Nepali journos, says FNJ, Online scammers still active in Kathmandu, NC’s responsibility is to safeguard statute: Deuba, Ensure payment for sugarcane farmers in a month, SC tells govt, KUKL to construct processing plants near water sources. Nepali consumers left teary-eyed this year due to soaring price of onions can expect some respite in the coming days as India is resuming the export of the kitchen staple from January 1. The incident took place in Nainital's Buddha Park area where Congress district general secretary Nandan Mehra was leading a protest against onion price rise… Farmers say the rain has not only damaged the almost market-ready crop but also taken a toll on the nurseries where farmers were raising saplings for the late kharif and rabi crops. The national acreage for rabi onions last season was 10 lakh hectares as against 7 lakh hectares of 2018-19. Pune: Mandis or government regulated markets in Maharashtra will stay open daily to ensure continuous supply of onions as the price of the staple is expected to stay high over the next five weeks or so owing to a variety of factors. But even after the export ban, prices continued to rise due to a supply-demand mismatch. Also, agriculture officers say, the shelf life of the onion is lower this year due to overuse of urea by farmers. Also read | Vaccine ‘politics’: Why BJP’s Bihar move comes as a surprise to states. Once the Indian onions begin to arrive in the market its price will go down gradually, said Khom Prasad Ghimire, a vegetable trader of Kalimati Fruits and Vegetables Market. This was done when the amendment to Essential Commodities Act 1955 took away the power of the government to put stock limits on onions and a few other commodities. In Mumbai, the Vashi wholesale market got 600 tonnes of onions, which made its way to markets in South India. However, there is no data of the local production after that. Stock limits have been a potent weapon for controlling prices. According to FNJ, journalists worked on the frontline and wer Read More... KATHMANDU, DECEMBER 31 and The southern neighbour — the main source of onions for the local market — had imposed a ban on export of the commodity from September 14 export drop in its production. In most of the region, the retail price of onion is hovering between ₹70 and ₹100. Poor supply has pushed wholesale onion prices to a four-year high. Onion prices rise again, Government may ban onion exports to check price rise - NewsX. Onion prices are expected to hike up again, as government removes MEP from its sales. Nepali Congress President Sher Bahadur Deuba today said the NC had shouldered the main responsibility of safeguarding the constitution and promoting the federal democratic republic. Province 1 Chief Minister Sherdhan Rai has suspended 15 Provincial Assembly members belonging to the Pushpa Kamal Dahal-Madhav Kumar Nepal faction of the ruling Nepal Communist Party (NCP), but the Dahal-Nepal faction removed Rai as the leader of the parliamentary party of the Read More... 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