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Onion essential for Maharashtra politician

Commodity Online
MUMBAI: As onion prices have reached Rs.25-30 a kilo in markets, a politician wants to make it an essential commodity to check its skyrocketing prices.

Kanhaiyalal Gidwani, Maharashtra state’s Congress consumer affairs cell chairman, says his state government should make onion essential commodity to help ordinary farmers and people.

The politician wanted the government to offer support price for onions just as it does for wheat, Sugar and cotton. This, he told reporters, would help farmers.

In some part of Mumbai, onion was going for Rs.25-30 a kilo, which Gidwani said was “an artificial price rise.”

He said “vested interests” in the markets created artificial scarcity of onion for their own profit. The high price is not helping the farmers.

He said he has written to Chief Minister Vilasrao Deshmukh and Marketing Minister Harshwardhan Patil asking them to take steps to check skyrocketing onion prices. He doubted if the government was taking the issue seriously.
MCX CORIANDER 15 March 2012 contract was trading at Rs 4200 . What's your view on it?
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