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Centre to procure 2 lakh...

The Indian government has assured the...

August inflation to be high,...

INDORE: RBI governor Shaktikanta Das on...

Centre to procure 2 lakh tonnes onion, panel to examine export duty

The Indian government has assured the Maharashtra government that the National Cooperative Agricultural Marketing Federation (NAFED) and National Cooperative Consumers Federation (NCCF) will procure two lakh tonnes of onion from the Nashik region to stabilise the staple’s prices, said Abdul Sattar, Marketing Minister of Maharashtra, on Friday.  Also read: Record inter-state trade on e-NAM amid onion traders strike in MaharashtraThis initiative will prevent any adverse impact on farmers due to the ongoing strike by onion traders. Additionally, Sattar said the Centre has committed to reviewing traders’ request on the 40...
Karl Jörg -
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Centre to procure...

The Indian government has assured the Maharashtra government that the National Cooperative Agricultural Marketing Federation (NAFED) and National Cooperative Consumers Federation (NCCF) will...
Karl Jörg -
Business Profiles

August inflation to...

INDORE: RBI governor Shaktikanta Das on Friday said inflation will start dropping from September. "We expect overall inflation to go down from September....
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Onion auctions in...

Onion auctions in Nashik APMCs continue to be at a standstill. Many farmers are reluctant to bring their produce to the auctions, citing...
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Centre’s decision to...

Traders at some agricultural produce marketing committee (APMC) yards in Maharashtra withdrew their boycott of onion auctions following the Union government’s announcement that Nafed...
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Business Profiles

Why onion traders...

The onion trade sector has appealed to the government to establish a minimum price for calculating export tariffs on onions, aiming to maintain...
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Lasalgaon onion traders...

Onion traders in Lasalgaon, Asia’s biggest onion market, have begun an indefinite strike, stopping auctions of onions in protest against the Centre’s decision...
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Farmers, traders question...

The Centre on Saturday imposed a 40 per cent duty on the export of onions. The national average prices of essential vegetables increased by at least ₹5 compared...
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Business Profiles

Export Duty: Centre...

NEW DELHI: The government on Saturday imposed a 40% export duty on onions in a move aimed at improving domestic supplies and avoiding...
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Business Profiles

Govt imposes 40%...

NEW DELHI: The Centre on Saturday imposed 40% duty on onion exports till December 31 to check the rise in prices.The export duty...
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