User: rohan Topic: Foreign Direct Investment in Retail
Category: APMC
Last updated: Sep 16 2017 07:57 IST RSS 2.0
 
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I-T dept busts Nashik onion cartel that made India weep 16.9.2017 DNA: Top News
Income Tax raids on seven largest onion traders in Nashik has busted the cartel that was controlling India's onion trade. Lasalgaon, near Nashik, is the center of wholesale onion trade in India and controls the retail rate of the vegetable widely used in cooking. High rates of onion are known to trigger political defeats, and therefore government agencies are now closely watching the market here. The agencies noticed an abnormal rise in the prices of the root vegetable at the wholesale market and found that a few traders purchased the onions at lower rates and then sold them at four to five times that rate. The traders, Omprakash Ranka, Kantilal Surana, Sohan Seth Bandh, among others, were kept under watch and eventually raided on Tuesday night. "The markets, that receive 500 to 600 trucks of onions every day, have been shut since Wednesday and are likely to open only on Monday. Trucks from here go directly to major markets and therefore supply is by and large unaffected," said an official. "We will know ...
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Onion prices fall 35% after I-T raids Nashik traders 15.9.2017 TOI: Home
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First onion consignment reaches Delhi from Lasalgaon 10.9.2017 TOI: Cities
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Onion importers worry over drop in prices 9.9.2017 Budget 2017, Income Tax - India Budget 2017 Updates, Union Budget 2017 Latest News, Railway Budget 2017 | Times of India
The average wholesale onion prices in the domestic markets increased five times from Rs 450 per quintal on May 31 to Rs 2,450 per quintal on August 10, registering 20-month high price due to short of supply.
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Flood, other factors pushed up veggie prices last month 17.8.2017 DNA: India
The high prices of vegetables have been responsible for rising of the Wholesale Price Index (WPI) for the month of July, according to data released by the central government on Monday. Local players say supply disruption of vegetables, because of flood and other market factors, has shot up prices of vegetables used in daily consumption. The WPI for July shot up to 1.1 compared to June. However, vegetable prices rose by 48.75 per cent in a month. Like other cities, Ahmedabad has also witnessed the upsurge, especially in onion and tomatoes. Deepak Patel, secretary of Agriculture Produce Marketing Committee (APMC), Ahmedabad, said that price fluctuations depend upon demand and supply. "Last year, farmers did not get remunerative prices for tomatoes. So this year, the production and, therefore, the supply have reduced, causing the prices to shoot up," Patel told DNA. Similarly, there is no carry forward stock of onion, as a result of which prices have risen. According to market sources, the wholesale prices ...
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Wholesale price of onion rises 80% in a day in Nashik 4.8.2017 Budget 2017, Income Tax - India Budget 2017 Updates, Union Budget 2017 Latest News, Railway Budget 2017 | Times of India
The average onion prices at Lasalgaon wholesale market spiralled from Rs 1,270 per quintal to Rs 2,300 per quintal – a jump of 81% — between Wednesday and Thursday, registering a 20-month high.
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Tomatoes selling for ₹25 a kg in Mysuru 1.8.2017 Hindu: News
Tomato prices, which had skyrocketed in the past few weeks, have begun to plummet.Tomatoes, which are among the most commonly used vegetables in the kitchen, cost about ₹80 a kg about two weeks ago. B...
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No respite from high tomato prices for next two weeks 27.7.2017 ET: Agriculture
Retail tomato prices cooled down about 20% in most parts of Maharashtra except Mumbai on Thursday as traders slashed grower level prices by 30% to 40% due to bad quality.
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Tomato traders stick to strike plan despite government word 27.7.2017 TOI: Delhi Times
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Tomatoes selling at Rs 100 a kg in Delhi; no respite in next few weeks 25.7.2017 ET: Agriculture
Tomato vendors at the mandi have been sitting on protest against unauthorised occupation of their sheds for the past five days.
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Now, tomato prices hit ₹100 a kg. 14.7.2017 Hindu: Home
Markets report big shortfall in supply; reasons attributed include crop destruction during farmers’ stir
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Tomato prices may continue to go north till next month 8.7.2017 Hindu: National
A kg of tomato is selling for ₹55-₹60 in the retail market
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Red alert for kitchens, tomatoes sell for Rs 120/kg 5.7.2017 TOI: Ahmedabad Times
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Wholesaler battles for life after retailer stabs him 30.6.2017 Hindu: Home
A wholesaler at the APMC market is battling for life after his client, a retailer, stabbed him on Wednesday at Masala market following a heated argument. Ashish Kirtikumar Dharani (40), the wholesaler...
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Tomato prices skyrocket to Rs 70-80 per kg in Delhi 29.6.2017 All News-IANS Stories
Prices of tomatoes in the National Capital Region (NCR) on Thursday shot up to up to Rs 70-80 owing to heavy reduction in supply from neighbouring Uttar Pardesh and Haryana after heavy rains damaged the tomato crop.
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Connecting farm to online market 18.6.2017 Deccan Herald - Supplements
Agriculture, being the primary sector, has the most number of people in India earning their bread from it. Rural farmers today, moving from subsistence cultivation to market retail, contend with a host of issues pertaining to right pricing, branding, quality checks, and above all, finding a lucrative customer base. Finding that the cooperative system is the answer to tackle the said issues, and helping farmers up their game, ConnectFarmer has taken yield. "ConnectFarmer is an effort to economically empower small-holding farmers in India. There is a lack of organised market facilities for processed farm products and unconventional crops in the country. Processed farm products help farmers earn stable income, if they're provided with good market opportunities, and we fill this gap," says Shrikrishna Hegde Ullane, Co-founder and CEO of ConnectFarmer. Shrikrishna, who hails from an agriculturist family of Uttara Kannada district, set up ConnectFarmer with Balachandra Hegde Sayimane, Shriganesh Bhat, and ...
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City staves off Monday blues as more veggies make it 6.6.2017 Hindu: News
Despite State-wide bandh, over 500 vehicles log in at APMC Vashi, leading to further drop in wholesale, retail rates
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Strike status unclear, farmers send produce to APMC 5.6.2017 Hindu: Cities
Retail prices fall on Sunday as wholesale traders keep markets open to increase supply
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Second day of farmers' stir takes prices high, leaves markets dry 3.6.2017 TOI: Mumbai
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Vegetable prices soar as farmers intensify strike 2.6.2017 TOI: Mumbai
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