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Onion shortage: Prices may halve in two weeks on increased new arrivals Prices in Lasalgaon mandi down to Rs 41/kg from Rs 71/kg last Saturday Current Affairs   :Onion costs are probably going to decay by 50 percent in the following two weeks, as appearances of occasional and pre-regular assortments of “red onions” from Maharashtra, Gujarat, and Karnataka increment forcefully. Appearance of pre-developed onions has just cut down costs by 42 percent since Sunday. In the benchmark Lasalgaon mandi (advertise), the biggest spot discount onion showcase in Asia, costs have slammed. They were exchanging at Rs 41 a kg on Tuesday contrasted with Rs 71 a kg on Saturday. Onion appearances on Tuesday flooded to 704 tons, contrasted with 421 tons on Sunday. Appearance of put away onions, in any case, has declined in the course of recent days. Sources said there was not really any accessible stock after a lot of it was ruined in distribution centers in light of floods. “Onion...

Centre bans onion export, imposes stock holding limit to check price rise Earlier, it had authorised states to impose stock limits for certain items under the Essential Commodities Act Current Affairs  :- To control onion costs in front of the bubbly season, the focal government prohibited its fare with quick impact. Also, maybe just because, straightforwardly forced a stock holding limit on retailers and wholesalers the nation over, bypassing state governments. Prior, it had approved states to force stock cutoff points for specific things under the Essential Commodities Act. Notwithstanding, in a surprising proceed onward Sunday, straightforwardly forced a holding point of confinement of 100 quintals on retailers and 500 quintals on discount onion brokers the nation over. The cost has over the previous month taken off to nearly Rs 80 a kg in some retail showcases, incorporating into the capital, Delhi. The impact of the most recent moves stay to be seen, as costs h...