Rising onion prices pave way for theft

Onion theft is on the rise, the reason being the high prices of India's most wanted vegetable. Considering the high profit that onion brings, hoarders have also started looking at onions as a way for their income.

Price rise: Paswan seeks punitive measures against hoarders

The Essential Commodities Act should be amended to raise imprisonment for hoarders from six months at present to a year, he said.

Economic Survey 2013-14: 'End monopoly of wholesale markets, replace coercive state laws'

Some states have introduced barriers to trade within the country through taxation and technical requirements.

Odisha govt ask Collectors to take action against hoarders

Odisha government on Saturday asked district collectors to take actions against the traders found guilty in hoarding and selling potato and onions at high price under the Essential Commodities Act of 1955, official sources said.

State govts should take stern action against hoarders: Jaitley

FM further added that during July-December every year, prices of some food items increase because of hoarding.

Paswan promises action against foodgrain hoarders

Blaming hoarders for soaring food prices, Union Food and Consumer Affairs Minister Ram Vilas Paswan said that the Centre will not tolerate such practices.

Govt may import onion as prices soar to Rs.90/kg

Centre may import onion to stabilise prices that have soared to Rs.90 per kg in the national capital, Commerce and Industry Minister Anand Sharma said Tuesday.

Hoarders gain as essential goods become scarce

With the Srinagar-Jammu
national highway closed,
essential
commodities have become scarce giving hoarders an opportunity to make quick money.

Maha govt to take steps to curb black-marketing of kerosene

The Maharashtra Government today
assured the Legislative Assembly that it will take stringent
measures to stop black-marketing of kerosene oil.

Sheila Dikshit asks Delhiites to tell govt about hoarders

Concerned over the spiralling
prices of essential commodities, Chief Minister Sheila Dikshit
on Saturday asked Delhiites to intimate the government about
hoarders and black marketers in the capital.

Bulk sugar consumers can keep only 15 days stocks

The government today barred large
and bulk consumers of sugar from keeping more than 15 days of
stocks with them, a move aimed at checking hoarding and any
price escalation ahead of festivals Dussehra and Diwali.

Centre asks states to crackdown on hoarders of Tamiflu, masks

The Union Health Ministry on Wednesday told the state governments to crack down on people hoarding and black-marketing swine flu drugs and masks, warning that their "shortage will not be tolerated."