Onion Auctions in Nashik to Resume From June 18
Onion traders in Maharashtra's Nashik district have 'stayed' their strike and onion auctions of will resume on Wednesday after a gap of two days.
Differences over how much wages should be paid to porters led to a strike on Monday and Tuesday.
The two-day strike by onion traders over differences with 'mathadi' workers (head-load porters) on the levy issue has been stayed this evening till July 10, following a meeting of state marketing federation officials, traders and mathadi workers at Nashik District Central Co-op Bank here, said Nitin Jain, a trader present at the meeting.
A committee has been formed to review the levy (mathadi workers' wages) issue and it will submit its report to the state government by July 10, he said.
The meeting was held by District Sub-Registrar Sunil Bansode, where representatives of traders, officer bearers of Agricultural Produce Marketing Committees, mathadi workers and state marketing federation were present.
Both traders and mathadi workers have agreed to hold onion auctions till July 10, but have warned of resuming the agitation from July 11 if the issue is not resolved.
Meanwhile, prices of onion were not affected due to the strike in Nashik district today, as auctions continued at Navi Mumbai APMC and elsewhere, Mr Jain said.
However, over 30 wholesale markets in Nashik district remained closed for the second day due to agitation by mathadi workers, who are demanding a hike in their remuneration (levy) from traders.
All 15 APMCs in Nashik district remained closed for two days. Traders are opposed to the increase in levy rates paid to workers from existing 34 per cent to 44 per cent.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.