With crops ruined by a combination of drought and rot, the price of onions has skyrocketed in India and added to worries over food inflation at a time when the slowing economy has become a liability for the government.
In this Monday, Dec. 16, 2019, photo, an Indian trader checks onions at a market in Ahmadabad, India. Soaring prices has put the humble onion, a staple for most Indian families, out of reach, adding to worries over food inflation at a time when the slowing economy has become a severe liability for Prime Minister Narendra Modi's government.
“The common man doesn’t understand bigger economic issues. But the onion prices will make him think twice before trusting a government,” said Karthik Ganguly, a political analyst and a professor of economics at Delhi University. “The soaring onion prices can put the government in a fix.” Finance Minister Sitharaman answered questions in Parliament about soaring onion prices by saying she doesn’t “eat much onion and garlic.”The remark was seen by many Indians as tone deaf and a sign that the government isn’t taking the issue seriously.
Now onion prices are hitting family budgets and the bottom line of street vendors and small restaurants.
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