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SOARING PRICES
60 and Rs. 80 per kilogram in several parts of the country, onions are bringing tears to housewives. Concerned at the problem, the Committee of Secretaries is meeting here on Wednesday to take steps including a crack down on hoarders to ease the situation. Onion produce in Andhra Pradesh and Karnataka was damaged due to excessive rain, which also delayed their arrivals. Mandi dispatches from the onion-producing districts of Lasalgaon and Pimalgaon in Nasik, Maharashtra have been lower by 40 and 27 per cent between April and July this year on account of the inclement weather. The officials, headed by Cabinet Secretary Ajit Seth, will also look at measures to enhance availability of onions, possibly including a nod for duty free imports.
in the production of the bulb this year compared to last year, there is no immediate move to ban exports or set an export price to dissuade traders. But there is a suspicion that onions are being hoarded by traders and even big farmers for speculation. In 2012-13, India exported 18.23 lakh tonnes of onions compared to 15.53 lakh tonnes during 2011-12. Normally, onion prices tend to rise between September and November as the stored onion stocks get depleted by August, September. Once the rabi stocks arrive the situation normalises.
speculation about a rethink on the formation of Telangana, Finance Minister P. Chidambaram on Monday told Rajya Sabha that the government will take on board all views, including concerns on status of Hyderabad, before taking a decision on how to take forward the process. He, however, declined to give a timeline saying the process will be taken forward in accordance with the Constitution and past practices. The Minister, standing in for an indisposed Home Minister Sushil Kumar Shinde, was responding to clarications sought by members on a statement made by him on the subject earlier. He repeated the statement when Leader of Opposition Arun Jaitley said he was as confused at the end of the discussion as he was in the beginning as to whether there was going to be Telangana State or not. The House was divided on the issue with parties such as the BJP, CPI, BSP, JD (U) supporting the formation of Telangana and the SP, CPI-M, AIADMK and some others opposing it. Rejecting the opposition allegation that the decision was taken in haste and the government was playing a dangerous game, Mr. Chidambaram said, Every political party's view will be kept in mind before the government takes a decision on how to take forward the process of the formation of the State of Telangana formation.
CM YK
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