Onion is the Indian voter’s most lethal weapon on the ruling party. We saw this in the ‘onion election’ of 1980 when the Janata Party was knocked out.
In 1998, after five nuclear tests and chest-thumping about nationalism, onion prices could not make the BJP shine. In the 2014 general elections, the Congress paid a heavy price for the onion crisis.
Onion, which is the political equivalent of a terror threat in India, crossed ₹140 per kilogram last week, and continues to set record-high prices.
Interestingly, the demand for onion doesn’t vary much. You can’t substitute this with any other vegetable, as agricultural economist Ashok Gulati said.
Myths in ‘onionomics’
Interestingly, onion is not a staple. It accounts for less than 1 per cent of India’s food production. The per-capita consumption of onion is less than a kilogram per month, 800 grams to be precise. Take the example of a family of five. They require 4 kg of onion a month.
Bu hikaye The Hindu Business Line dergisinin December 09, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Hindu Business Line dergisinin December 09, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Covid Presents An Opportunity For India
India must attract investors exiting China post-Covid. Streamlining of project clearances and relaxation in FRBM norms will help
Did Alternative Assets Shield You From Covid-19 Volatility?
The assets closely linked to stock and debt markets could not stave off the losses
How To Put Aircraft To Bed
Preserving grounded planes, to get them up and flying at short notice, is a challenging task. Ashwini Phadnis captures the process
There Can Be No Going Back On WFH
Covid-19 has fast-forwarded the shift to ‘work from home’. However, some face-to-face connect will always be needed
UN, WHO Urged To Ensure ‘Benefit Sharing' Of Covid-Related Data
Biopharma firms should reach vaccines, medicines to poor nations at an affordable price, say civil society bodies
With No Clear Signal From Rlys, States Explore Ways To Bring Back Migrants
Quarantine centres, cross-country buses being arranged even as migrants hop on to boats, trucks and ambulances
Centre Allows All Neighbourhood Shops To Open But With Riders
Final call will be taken by local authorities; shopping complexes that draw fewer ‘outsiders’ are permitted to operate
Covid Impact Relatively Muted In India
Compared to Italy and the US, India’s rate of infection spread has been slow. This can be attributed to the strict measures in place
How Global Trade Will Fare Post-Covid
China isn’t likely to lose its pre-eminent position soon. India, for one, will need to make manufacturing globally competitive
How To Curb Harassment In The Virtual Office
Training and sensitisation are essential. Institute a strict dress code and chat etiquette to ensure professionalism during video calls