COMMODITY MARKET IN PRICE OF ONION

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PRESENTATION ON SUBMITED BY Kiran Kamble COMMODITY MARKET IN PRICE OF ONION

description

It will describe the reasons and remedies behind the price inflation of onion in the market..

Transcript of COMMODITY MARKET IN PRICE OF ONION

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PRESENTATION ON

SUBMITED BY

Kiran Kamble

COMMODITY MARKET IN PRICE OF ONION

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ONION HISTORY

• Onions originated in central Asia

• Predecessors discovery

• Cultivated for 5000 years or more

• India : medical treatise

• Chinese beliefs

• Egypt : object of worship

• Greek physician in first century A.D.

• The Romans Philosophy

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QUALITY SEED OF ONION IN INDIA

• Status of requirements and supply of quality seed of onion in India

• Potential areas for seed production

• Land requirement

• Irrigation

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No. StateArea(' 000 ha)

Production(' 000 tons MT)Productivity( tons/ ha)

1. Andhra Pradesh 26.00 244.00 9.38

2. Bihar 28.75 329.88 11.47

3. Gujarath 35.50 750.00 21.13

4. Karnataka 53.00 395.00 7.45

5. Madhya Pradesh 39.55 517.35 13.08

6. Maharashtra 111.65 2409.18 21.58

7. Orissa 60.45 522.47 8.64

8. Rajasthan 37.75 570.00 15.10

9. Tamilnadu 30.50 320.50 10.51

10. Uttar Pradesh 69.50 778.75 11.21

11. Haryana 16.00 329.00 20.56

12. Other 45.50 563.00 12.37

  Total 554.15 7729.13  

ONION PRODUCTIONStatement Showing State wise Area, Production and Productivity of Onion (year 2009-2010)

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REASON TO PRICE HIKE OF ONION

• Unseasonal Rains

• Problem of speculation by traders.

• Due to heavy rains, a lot of the crop is damaged

• Banned Export

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Tears-over-Indian-onion-shortage[www.savevid.com](1).flv

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PROBLEM FACED BY PUBLIC

• Less use of Onion in all food products

• Less supply in market

• High prices

• Impact once again on food prices and inflation

• Rise in prices of commodities

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REMEDIES• Govt should take proper action in purchasing

onion from farmer and selling it to the consumer (Govt to consumer- direct sell)

• Instead of banning export of onion Govt should control the volume to be export.

• Keep observation on warehouses.

• Govt have to work as a intermediary between farmer and end user.

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REMEDIES

• The farmer should intimate Govt authorities about approximate quantity of farming the crop in his land.

• Before importing the onion the Govt authorities should have detail idea about available stock of onion in our own country; so that there will no wastage of it.

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