Onions are bringing tears to Indian eyes but not to Bangladeshi eyes.
Satbir Singh Bedi | 27 Oct 2013
Onions are bringing tears to Indian eyes with this commodity selling at 80-100 Rupees per kilo in Delhi and at about 65 rupees per kilo in Mumbai. However, in Bangladesh, it is selling at 45 Rupees per kilo thanks to the export of Indian onions through five border export centres—Mahadipur in Malda, Petrapol and Gojadanga in North 24-Parganas, Hili in South Dinajpur and Changrabandha in Cooch Behar in West Bengal. The Chief Minister of Maharashtra, Prithvi Raj Chavan said that he had asked his Delhi counterpart, Sheila Dixit to procure onions directly from Nashik so that it could sell for 50 rupees in Delhi. He has completely forgotten what is happening in Mumbai. Similarly Govt. of India is mulling option to import onions from abroad while its above five named export centres are busy exporting onions to Bangladesh! What a tragedy?!
According to Times of India,a simple comparison between a claimed dip in production and the evident rise in price will be enough to show how people have been taken for a ride. No arithmetic or economics or plain bazaar logic can explain this. This sort of a runaway price rise can only be attributed to rampant profiteering that the government has not been able to check; in all probability, it has been encouraged by politicians who control the trade. (This material is based on what has appeared in the Times of India.)