Auction of onions at Asia’s largest onion wholesale market postponed due to lockdown

Onion auctions at Lasalgaon — the country’s largest wholesale market for the bulb — have been called off for a week till April 25 after traders refused to participate following a rise in Covid-19 cases in the region. Speaking to Financial Express, Nandkumar Daga, president of Lasalgaon Onion Traders’ Association said Lasalgaon has been reporting […]

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India bans onion exports, Maharashtra farmers agitate for its removal

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A day after the Centre banned exports of onions to contain a spike in domestic prices, farmers in the largest onion cultivating state of Maharashtra, held agitations, calling the move “arbitrary”, seeking removal of the ban. Prices of onions at Lasalgaon, Nashik,  the country’s biggest onion market in Maharashtra, have doubled to Rs 3,000 per quintal […]

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Onion prices in India threaten to rise again on fall in production fears and rise in festive season demand

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Come October-November, onion prices may skyrocket, like they did last year and around the same time in many of the previous years, exposing the absence of a policy paradigm to ensure price stability of India’s staple vegetable, despite it being a political hot potato, Financial Express reports. Already, wholesale onion prices have nearly doubled within […]

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India’s biggest onion market set to revert to old format auction

Lasalgaon, the country’s largest wholesale market for onions, is reverting to the auction of onions in the loose format instead of jute bags that had been used since the beginning of the lockdown due to coronavirus outbreak. Lasalgaon Agriculture Produce Market Committee (APMC) chairperson Suvarna Jagtap revealed to Financial Express that auction of loose onions […]

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India asks state agency NAFED to start onion procurement for buffer stock

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The Centre has directed the National Agricultural Co-operative Marketing Federation of India (NAFED) to commence procurement of 40,000-50,000 tonnes of summer onions towards the creation of buffer stock. According to Nanasaheb Patil, director of NAFED, the agency was given a target of procuring one lakh tonnes in January itself from Maharashtra and Gujarat. This year, […]

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Onion demand drops: farmers in Maharashtra ask govt to purchase onions at Rs 20 per kg

The Maharashtra State Onion Producers Farmer Association wants the Centre to direct NAFED and state governments to directly purchase onions from farmers at Rs.20 per kg in order to help them overcome financial distress. Onion trade at Lasalgaoon wholesale market has come to a standstill because of the spread of coronavirus. Initially the incessant monsoons, […]

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