India’s retail inflation rose to the highest in more than six years due to high food prices. According to data from the Consumer Price Index (CPI) published by the Ministry of Statistics and Program Implementation, inflation stood at 7.61% in October, the highest since May 2014. Retail inflation registered 7, …
Read More »Onion growers see red because government bans exports
New Delhi: A sudden ban on the export of onions has dealt a severe blow to farmers in the fastest growing state of Maharashtra, who had stored their winter harvest in hopes of obtaining a better price. A day after the center banned exports, wholesale prices plummeted on Tuesday. On …
Read More »NCP Chief Sharad Pawar To Central Government As Onion Export Ban, Infuriates Maharashtra Farmers
In the retail market, the price of onions has doubled to Rs 40 / kg in one month. (Proceedings) Mumbai: In a sudden move, the central government’s Commerce Department banned the export “with immediate effect” of onions on Monday, as their average commercial price in the country’s largest onion market …
Read More »