Onion prices soar on drought, heavy rains; may breach Rs 100 per kg mark

August 13, 2013

New Delhi, Aug 13: The average wholesale price of onion has more than doubled since the beginning of this month and the vegetable is now selling at up to Rs 80 per kg in the city due to shortages blamed on excess monsoon rains destroying crops. Insiders in the trade say prices are not likely to reverse till around September-end . Prices are likely to stabilize this week but another surge is expected in the coming week.onion-selling

Onion prices double in 2 weeks

The average wholesale price of onion has more than doubled since the beginning of this month. A massive shortage, with most of the crop destroyed due to heavy monsoon showers, has resulted in onions touching an unbelievable retail rate of Rs 80 per kg in some parts of the city.

Experts say the trend is not likely to reverse any time soon and the earliest respite can be expected around the end of September. "The maximum price for onions was Rs 55 per kg on Monday morning. We are expecting prices to stabilize this week but another surge is expected in the coming week. Stocks are depleting very fast and no new stock is coming in. This situation will remain similar till it doesn't stop raining in Karnataka . Prices may fall around end-September ," said Surendra Sahani, proprietor of Gujarat Onion Company.

A slight fall in rates across the country was observed on Monday afternoon but they picked up again by evening. "There was a downward trend in the afternoon and prices fell by Rs 2-3 per kg. However, if it continues raining in south India, prices are likely to go up again," said Rajendra Sharma, chairman of APMC.

Delhi gets its onions from three states at this time. In Maharashtra, the wholesale price of onion was about Rs 50 per kg which, when brought to Delhi, went up by Rs 5 per kg after factoring in cost of transport and other overheads. In Rajasthan, the crop is at its fag end while in Madhya Pradesh only about 15% of the crop remains. "We should have started getting onion from Karnataka by now. Some has started coming in but most of it is very poor quality due to the rain. Karnataka is buying onions from MP and Maharashtra to meet its own demand , which could have otherwise been diverted to north India if Karnataka's own produce had been good," said Sahani. Wholesale onion prices at Lasalgaon market near Nashik touched an all-time high on Monday—Rs 4,300 per quintal—and have increased 25% in three days. Nashik onions are supplied to Delhi, Mumbai, Bangalore and Pune among other cities.

This year farmers in Rajasthan planted less onions, after suffering huge losses last year. "In 2012 there was a bumper crop of onions but most of it could not be sold and farmers suffered losses. Taking a cue from that, they planted less crop this time and that has added to the shortage," said sources.

With onions averaging Rs 48 per kg in the wholesale market on Monday, it was no surprise that the average price in the retail market went up to Rs 60. But, shopkeepers charged customers as they pleased since the retail price ranged from Rs 50 in parts of east Delhi to Rs 80 per kg in south Delhi.

"Onions are a staple item in north Indian cooking and we purchase about a kilogram of onions every three days. If prices stay the same, I will have to start cooking recipes that don't need onions . The government should step in and ensure that there is at least a uniform rate across the city instead of letting vendors charge any amount they like," said Sugandha Verma of Patparganj

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News Network
May 8,2020

New Delhi, May 8: The Supreme Court on Friday suggested that states should consider indirect sale and home delivery of liquor as per its statute and law to avoid crowding at liquor shops amid the ongoing coronavirus-induced lockdown.

A bench headed by Justice Ashok Bhushan refused to pass any orders on a public interest litigation (PIL) seeking clarity on the sale of liquor and to ensure social distancing while it is being sold in liquor shops during the lockdown.

"We will not pass any order but the states should consider indirect sale/home delivery of liquor to maintain social distancing norms and standards," Justice Ashok Bhushan said while disposing of the petition.

The PIL, filed by one Sai Deepak, sought directions for closure of liquor shops for failing to enforce social distancing, which is essential to prevent the spread of coronavirus.

The petitioner told the apex court that he only wants that the life of common people is not affected because of crowding at liquor shops during COVID-19.

Justice Sanjay Kishan Kaul, another judge in the bench, said that discussion on home delivery is already going on.

The top court, after hearing the petition complaining about flouting of safety norms at liquor shops, observed that it cannot pass any orders to different states but they should consider online sale and home delivery of liquor.

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Agencies
January 16,2020

Lucknow, Jan 16: The drive initiated by Uttar Pradesh's Yogi Adityanath government to identify non-Muslim immigrants in the state seems to have run into rough weather.

In Pilibhit, where the maximum number of about 35,000 illegal immigrants has been identified, it has now been found that information is being sought by the state government on an unverified document. A large number of families from Bangladesh settled here several decades ago.

The survey began last month even before the bill was notified. Moreover, the feedback email on the questionnaire is a Gmail ID -- [email protected] -- which is not a government server.

It is not known how the state government is drawing up the lists without having the verification criteria.

After the report was put up by a news website, Home Department officials feigned complete ignorance about the issue.

A spokesman said: "This was an unofficial and preliminary exercise to assess the number of illegal migrants in the state. The document is meant to collect basic beneficiary information. No list of potential beneficiaries has yet been sent to Delhi."

The document has eight columns asking for name, father's name, place of stay in India, and where did they come from and when. It does not mention any requirement of proof, or documents.

It also asks for a description of the kind of atrocities they faced, presumably in their home country.

The District Magistrate of Pilibhit claimed they are checking documents of the refugees, but denied any knowledge of the unsigned document.

The CAA is meant to benefit Hindus, Sikhs, Buddhists, Jains, Parsis and Christians from Pakistan, Bangladesh and Afghanistan who came to India before December 31, 2014. The statement of purposes of the Act adds that it is meant to benefit those fleeing religious persecution from the above countries.

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Abdullah
 - 
Thursday, 16 Jan 2020

Yogi is unfit to be CM as he does not know what he speaks and does.   Its unfortunate that we are such idiot as CM.    Instead of CAA we need PAA (Politician amendment act).    We need age limit of politicians to be fixed to 65 or maximum 70 years and any one coming in politics to be free from any bad doing.   No rapists/murders/looters/decoits should be allowed to contest election.   Presently 90 percent of the politicians have bad record.  Few are rapists, murders, having spent jail term etc.    

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News Network
January 9,2020

Mumbai, Jan 9: India's weddings are famously lavish -- lasting days and with hundreds if not thousands of guests -- but this season many families are cutting costs even if it risks their social standing.

It is symptomatic of a sharp slowdown in the world's fifth-largest economy, with Indians spending less on everything from daily essentials to once-in-a-lifetime celebrations.

Growth has hit a six-year low and unemployment a four-decade high under Prime Minister Narendra Modi. Prices are rising too, squeezing spending on everything from shampoo to mobile data.

Chartered accountant Palak Panchamiya, for example, has already slashed the budget on her upcoming Mumbai nuptials by a third, trimming spending on clothing and the guest list.

"Initially I chose a dress that cost 73,000 rupees ($1,000)," Panchamiya told news agency as she picked through outfits at a recent marriage trade fair.

"But my partner felt it was too expensive, and so now I am here reworking my options and looking for something cheaper."

India's massive wedding industry is worth an estimated $40-50 billion a year, according to research firm KPMG.

The celebrations can last a week and involve several functions, a dazzling variety of cuisines, music and dance performances, and lots of gifts.

Foreigners can even buy tickets to some events.

But these days, except for the super-rich -- a recent Ambani family wedding reportedly cost $100 million -- extravagance is out and frugality is in as families prioritise saving.

"Earlier Indian weddings were like huge concerts, but now things have changed," said Maninder Sethi, founder of Wedding Asia, which organises marriage fairs around the country.

Cracks emerged in 2016 when the Indian wedding season, which runs from September to mid-January, was hit by the government's shock withdrawal of vast amounts of banknotes from circulation in a bid to crack down on undeclared earnings.

Mumbai-based trousseau maker Sapna Designs Studio shut for months as the economy was turned on its head by Modi's move.

"No exhibitions were happening and there were no avenues for us to sell either," said Vishal Hariyani, owner of the clothing studio.

Hopes for a recovery proved short-lived when the cash ban was followed by a botched rollout of a nationwide goods and services tax (GST) in 2017 that saw many small-scale businesses close.

Since then, keeping his studio afloat has been a challenge, with consumers increasingly reluctant to spend too much, says Hariyani.

"We customise our clothes as per their budgets, and now week-long weddings have been converted to just a 36-hour ceremony," he told news agency.

"We have to pay GST, pay workers and even offer discounts to customers," he added.

"The whole economy has slowed down and reduced spending on weddings is a by-product of that. Everyone except the super-rich are affected," Pradip Shah from IndAsia Fund Advisors told news agency.

"It is reflective of how sombre the mood is," he said.

In a country where families traditionally spend heavily on weddings -- including taking on debt in some cases -- the downturn is also a source of sadness and shame, with elaborate celebrations often seen as a measure of social status.

"We haven't even invited our neighbours. It is embarrassing but the current situation doesn't offer us much respite," 52-year-old Tara Shetty said ahead of her son's wedding.

"In my era, we always spent a lot and had thousands of people attending the weddings," she explained.

"My wedding was supremely grand, and now my son's is the polar opposite."

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