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. However, traders said the demand for onions from Iran comes from the hotel and hospitality industry rather than from the retail buyer. 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. Onion prices in the country have increased by over 400 per cent after March, said Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan in Lok Sabha on Tuesday. Since then, the local traders had increased the price of onions. 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. On Tuesday morning, onion prices continued their upward descent with the kitchen staple being sold for Rs 75-80 … Buddhi Raja Singh, a wholesale trader of onion and garlic in Azadpur Mandi, said, “The current increase in onion prices is due to a decline in arrivals and excessive rains damaging onion crops stored across Maharashtra, Karnataka and Andhra Pradesh, three major producer states in this season.”. Unfortunately, this reduces the shelf life of onions,” an officer said. 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 … According to experts, the price may soon reach ₹120 to ₹150 per kilo. On Friday, onion prices at Lasalgaon touched a minimum of Rs 1,000 a quintal and a maximum of Rs 2,411 per quintal with modal price at Rs 2,000 per quintal. 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. 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. Onion price expected to rise this year. However, reports of heavy crop losses have started coming in from Nashik due to exceptionally heavy rainfall in the last few days. Click here to join our channel (@indianexpress) and stay updated with the latest headlines.  Follow Express Explained on Telegram. Nepali Congress President Sher Bahadur Deuba today said the NC had shouldered the main responsibility of safeguarding the constitution and promoting the federal democratic republic. Despite the many hurdles, the National Examination Board must not renege on its resolve to hold the SEE 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. But even Maharashtra farmers, in fact, have suffered more than their usual storage losses — 50-60% as against 30-40% normally. Facebook. In the first phase, distribution has started from Kathmandu valley and nearby districts. But suddenly one day the wholesale price of the onion increased by ₹2,000 per quintal which led to a rise in its retail rates. Stock limits have been a potent weapon for controlling prices. Ghimire said that the situation will now change as the seasonal onions will start arriving in the market. The Centre applied the first brakes on rising prices on September 14, when it banned the export of onions. In the latest instance of such fraud, Metropolitan Police Crime Division yesterday arrested two youths, inclu Read More... KATHMANDU, DECEMBER 31 Non-availability of good seeds has caused concerns and the available seeds are being sold at a premium. And on Friday, the government reintroduced the stock limit. A small basket of the oval-shaped tomatoes increased by 9.1% to sell for an average of N6,000 compared to an initial average of N5,500. Wholesale traders are now allowed to stock up to 25 tonnes of onion, and retail traders up to 2 tonnes. Cooperative Nafed will also start importing onion… Given the crop damage, market sources feel that chances of Maharashtra’s crop arriving by the first or second week of November are slim. Normally, farmers generate their own seeds by allowing a portion of the crop to flower and then produce seeds. While the country also imports the commodity from China, it started importing onions from Namibia as well since last year. The landed cost of onions from Iran at Mumbai port works out to around Rs 35 per kg. 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. 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. 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. Follow The Himalayan Times on There are three seasons for … The prices are expected to rise further in the coming days. 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. However, this season, they skipped this step and sold their entire crop in view of the good prices being offered. Farmers say the rain has not only damaged the almost market-ready crop but also taken a toll on the nurseries where farmers were raising saplings for the late kharif and rabi crops. Gradually the onion sets will be distributed in other districts as well. These limits were set after taking into consideration the rise in prices year-on-year. ... 10:01. Such onions, they point out, lack pungency and are larger than Indian ones. Since then, possibly with the Bihar elections in mind, the government has acted twice towards controlling onion prices; it relaxed import norms on Wednesday, followed by Friday’s reintroduction of the stock limit. According to FNJ, journalists worked on the frontline and wer Read More... KATHMANDU, DECEMBER 31 That will be only post-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. For all the latest Explained News, download Indian Express App. “Last year, onion prices were good and farmers were extra-indulgent with urea to increase yield. Onion prices continue to rise across metros in India with rates touching Rs 80 per kg in some places. Onion price rise: Delhi government offers discount rates on onions to combat rising prices… 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 and another 25,000 tonnes are expected to arrive before Diwali. Moreover, as its price had also increased in India, the imports of onion from China had also gone up a bit. Singh said retail prices may touch “Rs 100/kg in October as the new crop is expected to arrive only in November”. 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. 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. 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. 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… Till a week ago, rates were around ₹30-40 a kg. In Mumbai, the Vashi wholesale market got 600 tonnes of onions, which made its way to markets in South India. With Turkey halting export of onions for a while, prices of the bulb may rise by another 10 percent to 15 percent after a brief respite, as per a report by The Indian Express. and To control prices and shortage Indian government had banned export of onions from India … Last week, income tax officers from Pune inspected the books of nine principal traders in Nashik. 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. 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 … 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. Why have onion prices been rising? “It’s mostly going to be delayed until the end of November,” said Suresh Deshmukh, a commission agent operating out of the wholesale market in Dindori, MP. Nashik: The average wholesale onion price at the Lasalgaon APMC again increased by Rs 900 per quintal to touch Rs 7,100 per quintal on Tuesday. Onion price expected to drop in 2021. On Monday, the wholesale price of onion has crossed Rs 84 a kg in Medavakkam local markets, while it costs Rs 60 a week ago. Amid this, Vegetable Crops Development Centre has started distributing onion sets to the farmers from this week. The Onion Price Rise is Linked to North Pakistan's Unusually Warm Weather. Nevertheless, due to lack of sufficient supply, the price of Indian onions had gone up in the local market. But the additional wastage has constrained supply. In most of the region, the retail price of onion is hovering between ₹70 and ₹100. 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. Province 1 Chief Minister Sherdhan Rai has suspended 15 Provincial Assembly members belonging to the Pushpa Kamal Dahal-Madhav Kumar Nepal faction of the ruling Nepal Communist Party (NCP), but the Dahal-Nepal faction removed Rai as the leader of the parliamentary party of the Read More... KATHMANDU: The Supreme Court on Thursday issued an interim order to the government to ensure that sugarcane farmers got paid for their produce within a month. Rain in the onion belt of Ahmednagar, Nashik and Pune had caused water seepage into the structures. 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. According to the centre, around 1.5 million onion sets will be distributed to the farmers. Earlier, water processing plants were located near distrib Read More... Court grants bail to wife of main accused, 2020, a tough year for Nepali journos, says FNJ, Online scammers still active in Kathmandu, NC’s responsibility is to safeguard statute: Deuba, Ensure payment for sugarcane farmers in a month, SC tells govt, KUKL to construct processing plants near water sources. The government’s decision to hold the Secondary Education Examination (SEE), held at the end of class 10, from mid-May should put to rest any doubts about whether or not students will have to s Read More... KATHMANDU, DECEMBER 31 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. 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. There are three main onion crops — kharif (June-July sowing, post-October harvest), late kharif (September sowing, post-December harvest), and rabi (December-January sowing, post-March harvest). Also, agriculture officers say, the shelf life of the onion is lower this year due to overuse of urea by farmers. At the source of the problem was the rather prolonged monsoon which only began its withdrawal on October 9. The average retail price of onion on December 3, 2019, was recorded to be Rs 81.9 per kilogram in comparison to Rs 15.87 per kilogram in March 2019. NewsX. 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. Farmers, especially in Maharashtra, store it in on-field structures called kanda chawls to protect it from moisture and light. He said he recognised the democratic constitution as the chief medium for reconciliation Read More... DHARAN, DECEMBER 31 What are the prospects for the next crop? “After India banned onion export, retailers increased its price and it has remained same till date,” he said. What has been causing the increase in prices since May, and how far can the new move be expected to reverse the trend? The Indian Express is now on Telegram. 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. Onion prices are expected to hike up again, as government removes MEP from its sales. Farmers in Maharashtra alone had marketable onions, having stored around 28 lakh tonnes at the start of summer. 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 Every year, Nepal imports onions worth more than Rs thee billion from India. This was followed by the relaxation of import norms on Wednesday, to allow easy shipping in from Iran, Turkey and other onion-producing nations. Twitter Onion price hike: Prices in the past few days have witnessed an increase of around Rs 30-40 per kg at many places and the poor supply has forced the wholesale rates upward to a four-year high. Also read | Vaccine ‘politics’: Why BJP’s Bihar move comes as a surprise to states. Of the 28 lakh tonnes stored in Maharashtra, around 10-11 lakh tonnes remain now. Farmers and agricultural officers have talked about a dire shortage of onion seeds, which can cast a shadow on the all-important rabi season. However, there is no data of the local production after that. The price of a big basket of oval-shaped tomatoes increased by 11.1% to sell for an average of N10,000, as against an initial average of N9,000 recorded weeks ago. (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? Despite relentless crackdown on online fraudulent rackets on the part of Nepal Police, scammers continue to swindle unsuspecting users out of millions of rupees. Currently onions are being sold in the retail market at the rate of around Rs 120 to Rs 130 per kg. The heavy rain in September not only destroyed the new crop in Karnataka but also took a toll on stored onions in states like Madhya Pradesh and Gujarat. Speaking to, Nandan said there has been a sharp drop in onion prices across the country. 4:02. Even though India had not formally lifted the ban on export of onions, the vegetable was being imported legally through the customs. Taking into consideration transport, handling and other charges, the final retail cost for such onions come to around Rs 40-45 per kg. 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. KATHMANDU, DECEMBER 31 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. After major shortage of onions in India, the country is relying heavily on imports. 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. 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. A version of this article appears in print on January 01, 2021 of The Himalayan Times. Items that witnessed price increase. But even after the export ban, prices continued to rise due to a supply-demand mismatch. 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. According to a study by CARE Ratings — Onion Economics — price increases have not always been in alignment with production. 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Poor supply has pushed wholesale onion prices to a four-year high. The national acreage for rabi onions last season was 10 lakh hectares as against 7 lakh hectares of 2018-19. In an effort to boost domestic supply and check price rise, Piyush Goyal said private traders have already imported 7,000 tonnes of onion and another 25,000 tonnes are expected … This crop feeds the markets till the next one arrives. The southern neighbour — the main source of onions for the local market — had imposed a ban on export of the commodity from September 14 export drop in its production. Turkey’s decision to halt onion exports set to increase onion prices in India by 10-15%. Read more about 7,000 tonnes onion imported, 25,000 tonnes may arrive before Diwali: Goyal on Business Standard. The rabi crop has the least moisture content, making it amenable to storage. The crunch in onion supply has sent prices soaring with many places seeing an increase of nearly Rs 30-40 per kg. 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