Cyclone Tauktae in May increased moisture in stored rabi onions, and now kharif crop is expected to be delayed, leading to shortfall in supply as demand rises in festive season.
As of 31 July, agencies have procured over 1.8 LMT of onions — 90% of the aimed buffer stock. This will help price stabilising market interventions should they be needed.
Govt agency officials are worried that Cyclone Tauktae and then monsoon rains will increase moisture content, making a large quantity of onions useless as buffer stock.
Retailers can stock onions only up to 2 tonne, whereas wholesale traders are allowed to keep up to 25 tonne, Consumer Affairs Secretary Leena Nandan said.
Without falling into a cycle of hatred, we can name what we are confronting — the ideological framework of ISIS for which the world is divided into believers and non-believers.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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