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Onion prices could make us cry again this year

Wednesday, 18 June 2014 - 8:02am IST | Place: Nasik | Agency: dna

Nashik: Onion and other agriculture produce was auctioned at the Agriculture Produce Market Committees (APMC) in Nashik district after the Managing director of Maharashtra State Agricultural Marketing Board (MSAMB) held a meeting of the APMC authorities, traders and workers representatives on Tuesday, June 17, 2014.
Earlier on Monday, the traders and workers in the APMC premise had stopped work over the issue of levy on the rates paid to the workers. The workers have been demanding 44 per cent levy where as presently they are paid 34 per cent. The issue on levy has been on since six years and the matter is subjudice. The opposing view points between the traders and the workers had led to a strife leading to an indefinite closure of the APMC. This had raised concern in the retail markets about the prices of onions.
The managing director and the General manager of MSAMB, Milind Akre, held a meeting in Nashik and heard the stand of all the parties involved. It was then decided to form a committee which will visit the APMCs in the district and review the situation. They will submit a report to the cabinet. The deadline for the decision is July 10, 2014.
"We want this levy issue to be resolved once and for all. It has been brewing for a very long time now. As we have been assured that a decision will be arrived at by July 10, we have agreed to resume auction at the APMCs. If this does not happen the closure will continue after the stated deadline," said Nitin Jain, trader from Lasalgaon.
Though the matter is temporarily resolved and auctions of onions and other produce will resume from June 18, 2014, the issue seems to be brewing till the MSAMB arrives at some concrete decision over the issue of levy. Till then the onion supply to the markets is likely to be regular and will not affect prices.

Related read: Food inflation is rising through roof, becoming Narendra Modi government's first big challenge 

Related read: Onion prices likely to rise due to strike in Nashik mandi

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