Concerned by the shooting retail prices of onion, which is presently hovering between Rs 60 and Rs 100 per kg, the Modi govt is set to import 11,000 MT of onion from Turkey.
The govt had imposed the limits in September, under which retailers could stock only up to 100 quintals of onions, and wholesale traders up to 5,000 quintals.
Onion is a seasonal crop, and offseason shortages result in sky-high prices in September-November each year. But politicians’ response creates more distortions.
NAFED stored its buffer stock of 57,372 MT onions using traditional methods as opposed to cold storage. Over half of it got destroyed due to moisture & rain.
Officials from Intelligence Bureau, RAW, ED and I-T department have been mandated to work with agriculture and consumer affairs ministries to check onion prices.
Traders are expected to receive close to 1,000 tonnes of onion by the end of the month to help ease prices which remained high despite government intervention.
Pakistan’s reported air strikes on Kabul last night, coinciding with Acting Afghan Foreign Minister Amir Khan Muttaqi’s visit to India, seem intended to send...
Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.
In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
Yeah, Right. Stamped Indian foreign policy and its collateral damage called Onions!!!.
Good. Business n politics should co-exist.