Onion prices rise by up to 76% on reduced supply from flood-hit states

Onion prices jumped by up to 76 per cent in the last one month due to reduction in arrivals in the agricultural mandis across the country, following floods in major supplying states such as Maharashtra, Karnataka and Madhya Pradesh. Data compiled by Nashik-based National Horticultural Research & Development Foundation (NHRDF) showed the highest jump of 76 […]

Read more

Inter-state Agri trading via eNAM in 8 Indian states so far: Government of India

Eight states including Uttar Pradesh are offering inter-state trading via 21 electronic national agricultural market (eNAM) so far in the country, the Agriculture Department said. Under the eNAM, launched in 2016, agri-trading was initially allowed within a mandi and later inter-mandi within a state was permitted. So far, 10 states are offering inter-mandi trade within […]

Read more

Income tax raid on Nashik onion traders shuts India’s largest wholesale onion market; prices crash

DSC_0973.jpg

The Income Tax Department raided large onion traders in Nashik, Lasalgaon and other areas of Maharashtra in India allegedly for holding stocks with an aim to manipulate prices artificially. Onion traders have lodged a massive protest over the raids conducted by the government on large farmers and stockists across Nashik district in Maharashtra The Agricultural Produce Market Committee (APMC) […]

Read more