12-22-2010, 11:51 AM
[url="http://www.dailypioneer.com/305475/UPA-lands-in-onion-soup.html"]UPA lands in onion soup[/url]
Quote:Cycle of CRISES
Sugar prices went up to Rs 50 last year
Edible oil prices soared in 2008-09 as mustard oil touched Rs 100 a kg
Pulses prices touched Rs 100 last year (tur dal was selling at Rs 120)
Milk prices have gone up by around Rs 8 in the last few months
For a year, food inflation had been in double digits. It declined to a single digit figure (9.67%) only in July this year
Aam admi weeps bitter tears
Onionââ¬â¢s wholesale prices across India come down by Rs 10-15 but retailers increase it by Rs 5 a kg
Fall in wholesale prices due to lowering of consumption, not due to ban on exports, say traders
The dip in wholesale prices likely to take days to trickle down to the retail market
Retail price of onion at Rs70-80 per kg on Monday; Rs 35-40 last week
Traders deny Govtââ¬â¢s charge, say onionââ¬â¢s winter crop canââ¬â¢t be hoarded
With news of crisis in India, prices in Pakistan too go up by 30 per cent
Insignificant import of bigger-sized, poor-quality Pakistan onions in the past two days
The onion crisis has erupted within days of a sharp hike in petrol and milk prices
It has also the potential of straining relations between NCP leader Sharad Pawar and the Congress