Tomato prices have skyrocketed in Indore, with retail prices surpassing Rs 120 per kilogram in Indore's Devi Ahilya Bai Fruit and Vegetable Market (Choithram Mandi), according to the vegetable traders.
West Bengal MP Jyotirmay Singh Mahato wrote a letter to Minister of Consumer Affairs, Food and Public Distribution Pralhad Joshi requesting to investigate the price manipulation of onions in Bengal. In his letter, he stated that the onion prices in the state have been soaring because Chief M
In a post on X, PM Modi said that the recent policy decisions, including reduced export duty on onions and increased import duty on edible oils, will benefit the food producers, citing increased income and employment opportunities in rural areas.
Union Home Minister Amit Shah emphasised the central government's decision to remove the minimum export price on onion and said that the government boosting exports to ensure farmers receive a fair price for their crops.
Speaking to ANI, CM Yadav said, "I would like to thank PM Modi on behalf of the state government that he took another decision to increase the basic duty of refined oil to 32 per cent. With this, the demand for all types of oil crops like mustard, sunflower, groundnut, soybean oils, etc will
The Union Government has decided to remove the minimum export price (MEP) thresholds on the export of basmati rice, the Ministry of Commerce and Industry said in a statement on Saturday.
Earlier, the government lifted the onion export prohibition on May 4, 2024, and allowed the export with the minimum export price of (MEP) of USD 550 per tonne and an export duty of 40 per cent.
The ongoing volatility in the prices of key food items such as tomatoes, onions, and potatoes (collectively known as TOP) and pulses continues to pose significant challenges for the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), highlights a report by SBI.
MPs from different political parties in opposition held a protest against the price rise of onions and other vegetables, outside the parliament on Thursday.
Government has lifted the onion export prohibition from May 4, 2024 and has allowed the export with minimum export price of (MEP) of USD 550 per MT and export duty of 40 per cent.
Tomato prices surged by 55 per cent on-month, climbing from approximately Rs 42 per kg in June to around Rs 66 per kg in July. The spike was mainly due to adverse weather conditions.
Karnataka Deputy Chief Minister DK Shivakumar on Sunday questioned Union Minister HD Kumaraswamy about his family's wealth and assets, asking how they acquired so much land and wealth, adding that he could not have made thousands of crores just by growing potatoes and onions.