Until last week, 18,000 MT of imported onion had arrived but states have only bought 3,000 MT. Modi govt is offering Bangladesh a lower price to buy stock.
Delay in the arrival of imported onions and availability of cheaper local varieties has led to states not picking up almost 6,000 MT of the kitchen staple.
Onion prices have soared to Rs 100/kg, forcing govt to import stocks from Egypt & Turkey. But how will these onions be different from India’s 30-odd varieties?
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.
As India-Russia trade decreases, India's April-July exports to the US this year increased by 21% compared to last year & imports from the US grew by 12%.
New Delhi: India has handed over military equipment, medical supplies, trained dogs and horses to the Nepalese Army Monday, ahead of Prime Minister K.P....
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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