Why Soaring Indian Onion Prices May Hurt Modi More Than Tomatoes

Rising onion prices in India pose a greater risk to Prime Minister Narendra Modi’s government than a recent spike of 700% in tomatoes, forcing authorities to take fresh steps to curb food inflation before key polls. India has imposed a 40% export tax on onions and plans to sell them locally at subsidized rates.

BING NEWS:
  • Ajit Pawar requests Centre to scrap 20% export duty on onion
    Ajit Pawar urges the central government to remove the 20% export duty on onions to support farmers facing falling prices and losses due to unseasonal rains.
    12/19/2024 - 5:10 am | View Link
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