Continuing the past trend of significant increases in the minimum support price of pulses, the Cabinet Committee on Economic Affairs raised on Thursday those of masoor (red gram) and gram (Bengal gram), the two most sown in the rabi season, by Rs 250 a quintal. A bonus of Rs 75 a quintal has also been recommended over and above the MSP, a total increase of Rs 325 a quintal as compared to 2014-15. CCEA also authorised Food Corporation of India, along with Nafed, SFAC, Central Warehousing ... Rediff.com, 3 weeks ago
Retail onion prices had jumped to almost Rs 70 per kg in many cities in August and September An analysis by the NITI Aayog on this year’s onion crisis shows traders could have milked Rs 8,000 crore (Rs 80 billion) from consumers in August and September by manipulating prices.The Aayog recently met the ministries concerned to find a long-term solution to recurring onion crises. It arrived at the cost of market manipulation on the average monthly consumption of onions in the country, ...Rediff.com, 1 month ago
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