Kathmandu Upatyaka Khanepani Limited, a public undertaking responsible for water supply in the Kathmandu valley, is all set to construct water processing plants near water sources in various places of the valley. Non-availability of good seeds has caused concerns and the available seeds are being sold at a premium. In its statement, the Centre has expressed hope that the kharif crop will soon hit the markets which will help in cooling down the prices. Given the crop damage, market sources feel that chances of Maharashtra’s crop arriving by the first or second week of November are slim. Till a week ago, rates were around ₹30-40 a kg. But even after the export ban, prices continued to rise due to a supply-demand mismatch. Nevertheless, due to lack of sufficient supply, the price of Indian onions had gone up in the local market. (Express Photo: Narendra Vaskar), How the Covid-19 situation in India was looking on the last day of 2020, How does the coronavirus variant spread? The yearly consumption of onions in India is slated to be 160 lakh tonnes with Maharashtra alone consuming around 4,000-6,000 tonnes per day. After prices in the domestic market started to rise significantly, the GOI decided to intervene and imposed an export ban on onions in order to slow down the price increase for consumers. This crop feeds the markets till the next one arrives. KATHMANDU, DECEMBER 31 According to Agricultural Statistics Report 2018-19 published by the Ministry of Agriculture and Livestock Development, 239,024 tonnes of onions were produced in the country in the fiscal year 2017-18. What has been causing the increase in prices since May, and how far can the new move be expected to reverse the trend? “Last year, onion prices were good and farmers were extra-indulgent with urea to increase yield. This was done when the amendment to Essential Commodities Act 1955 took away the power of the government to put stock limits on onions and a few other commodities. Stock limits have been a potent weapon for controlling prices. Follow The Himalayan Times on This crop was meant to arrive after September and was expected to feed the markets until the arrival of the kharif crop from Maharashtra towards the end of October. While the imports can see prices move downward in the short term, most say the real price correction can happen only when the new crop hits the market. Why have onion prices been rising? And on Friday, the government reintroduced the stock limit. Once the Indian onions begin to arrive in the market its price will go down gradually, said Khom Prasad Ghimire, a vegetable trader of Kalimati Fruits and Vegetables Market. The Federation of Nepali Journalists today said 2020 had been the most challenging year for working journalists and their families due to the unprecedented public health crisis caused by the COVID-19 pandemic. 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New Delhi: Onion prices are expected to come down this year after prices skyrocketed to Rs 100/kg last month, which saw this kitchen staple go off the shelves. This was followed by the relaxation of import norms on Wednesday, to allow easy shipping in from Iran, Turkey and other onion-producing nations. Unfortunately, this reduces the shelf life of onions,” an officer said. The Special Court today granted bail to Uma Kumari Dhakalni, the wife of one of the two main accused in the Lalita Niwas land grab case. Last week, income tax officers from Pune inspected the books of nine principal traders in Nashik. New Delhi: All-India average retail price of onions has dropped by 60 per cent this year to Rs 40 per kg on timely government interventions to boost the supply, Consumer Affairs Secretary Leena Nandan said on Thursday. Cooperative Nafed will also start importing onion… However, traders said the demand for onions from Iran comes from the hotel and hospitality industry rather than from the retail buyer. To control prices and shortage Indian government had banned export of onions from India … A look at the dynamics of onion prices and the impact of the government intervention: They have been rising since the last week of August, as reports started coming in of massive losses to kharif onions caused by heavy rainfall in north Karnataka. Farmers, especially in Maharashtra, store it in on-field structures called kanda chawls to protect it from moisture and light. Despite the many hurdles, the National Examination Board must not renege on its resolve to hold the SEE Singh said retail prices may touch “Rs 100/kg in October as the new crop is expected to arrive only in November”. If the supply from imports was delayed, prices may increase further, as the cost of potato has also increased by Rs 5 in the wholesale market. Rain in the onion belt of Ahmednagar, Nashik and Pune had caused water seepage into the structures. Turkey’s decision to halt onion exports set to increase onion prices in India by 10-15%. But even Maharashtra farmers, in fact, have suffered more than their usual storage losses — 50-60% as against 30-40% normally. What are the prospects for the next crop? and That will be only post-November. Onion price expected to drop in 2021. According to Spokesperson of the Special Court Pushpa Raj Panday, the bench of Special Court Chairperson Prem Raj Karki, and judges Ab Read More... KATHMANDU, DECEMBER 31 ... 10:01. At the source of the problem was the rather prolonged monsoon which only began its withdrawal on October 9. Pune: Mandis or government regulated markets in Maharashtra will stay open daily to ensure continuous supply of onions as the price of the staple is expected to stay high over the next five weeks or so owing to a variety of factors. Barely a month ago, Parliament had amended the Essential Commodities Act, 1955 to exclude onions — besides potatoes, edible oils, oilseed and pulses — from the list of essential commodities, thus freeing them from stock limits. Onion prices continue to rise across metros in India with rates touching Rs 80 per kg in some places. “After India banned onion export, retailers increased its price and it has remained same till date,” he said. Twitter Parthasarathi BiswasPartha Sarathi Biswas, is an Assistant Editor with The Indian Express,... read more, * The moderation of comments is automated and not cleared manually by, Copyright © 2021 The Indian Express [P] Ltd. All Rights Reserved, Explained: Why onion prices are rising, and how the Govt has responded, At APMC market in Navi Mumbai on Friday. Facebook. Despite relentless crackdown on online fraudulent rackets on the part of Nepal Police, scammers continue to swindle unsuspecting users out of millions of rupees. Ghimire said that the situation will now change as the seasonal onions will start arriving in the market. The incident took place in Nainital's Buddha Park area where Congress district general secretary Nandan Mehra was leading a protest against onion price rise… According to the agriculture ministry’s 1st Advance Estimates of 2019-20 of Area and Production of various horticulture crops, that was released Monday, the country is likely to see an overall 7 per cent increase in onion production. The Maharashtra State Agriculture Marketing Board (MSAMB) believes the prices could rise further until the new onion crops start arriving in the markets for auctioning by mid-November. January 1, 2021 ; News ; 2 minutes read ; Nepali consumers left teary-eyed this year due to soaring price of onions can expect some respite in the coming days as India is resuming the export of the kitchen staple from January 1. Also read | Vaccine ‘politics’: Why BJP’s Bihar move comes as a surprise to states. A version of this article appears in print on January 01, 2021 of The Himalayan Times. Before the Spring Festival, a cold wave suddenly hit the whole Weifang City in Shandong Province, and the temperature in this area dropped significantly to minus eight degrees, close to the lowest temperature in history ever recorded. NEW DELHI: In an effort to boost domestic supply and check price rise, consumer affairs minister Piyush Goyal on Friday said private traders have already imported 7,000 tonnes of onion … This crop was meant to arrive after September and was expected to feed the markets until the arrival of the kharif crop from Maharashtra towards the end of October. However, there is no data of the local production after that. Gradually the onion sets will be distributed in other districts as well. Steps Taken Up By Government To Address Onion Price Hike With prices of onions seeing a surge for the past few weeks, the Union government had imposed a … With less than a week to go for the Bihar elections, the Centre on Friday reintroduced the stock limit on onions — a move aimed at controlling rising prices, which crossed Rs 80 per kg in many cities on Friday, including nearly Rs 100/kg in Mumbai. In the first phase, distribution has started from Kathmandu valley and nearby districts. Taking into consideration transport, handling and other charges, the final retail cost for such onions come to around Rs 40-45 per kg. Nepali consumers left teary-eyed this year due to soaring price of onions can expect some respite in the coming days as India is resuming the export of the kitchen staple from January 1. 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