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:
  • India's onion farmers cry foul at politicians' price recipe
    Almost every Indian ... Modi -- at the time a local politician -- lost control of the capital Delhi in state elections. The defeat was widely blamed on voter anger at high onion prices.
    05/29/2024 - 6:06 pm | View Link
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