National
‘Multi-pronged strategy needed to curb volatile onion prices’
New Delhi: The volatility in onion prices can be managed through a multi-pronged strategy including creation of adequate public stocks, NITI Aayog member Ramesh Chand said on Friday.
Among other steps, Chand suggested extension of the right technology, spread of onion-farming in other states such as Uttar Pradesh and gathering appropriate market intelligence.
“The primary factor for triggering abnormal hike in prices is production shock generally caused by weather related events. Studies show that this situation is aggravated by further exploitation by a section of traders and middlemen through stocking and market manipulations,” Chand stated in the NITI Aayog’s blog.
According to Chand, to reduce the effect of weather shock, concentration in area under onion cultivation in six states needs to be diluted by promoting onion cultivation in other states like Uttar Pradesh. The other possibility is to popularise onion production in the kharif season.
He said these changes would require suitable varieties for new areas. “While some varieties are already available, they need further improvement.”
“ICAR (Indian Council of Agricultural Research) and other research organisations and private sector R&D firms have an important role to play in it. Efforts will also be needed from extension agencies of states and central government to take these technologies to farmers,” Chand added.
He suggested that besides central agencies like NAFED, state-level agencies should also be involved in holding larger volume and to have larger coverage of stabilisation.
Beside physical stabilisation, it would also keep check on exploitation and market manipulation by private trade, he pointed out in the blog post.
While stabilisation through trade is another option, Chand said it would be costly and serve a limited purpose as India itself is a major onion exporting country.
He added that public agencies like Directorate of Economics and Statistics in the Ministry of Agriculture and Farmers Welfare should constantly monitor crop area, conditions and prices to know about the undercurrent and evolving market changes.
“It should also develop reliable price forecast model and come up with early warning systems to enable the government to take appropriate measures in advance like procurement, regulating export, arranging imports and putting check on hoardings,” he said.
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
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