Humble onion, a common vegetable used by most households, is nowadays selling at Rs 70 Kg per kg at many places. In some towns, it has been reported that the price is much higher and hoevering around Rs 100 per kg. The high prices of this commodity has thus impacted the kitchen budgets of many households negatively. What about the chances of prices of this bulb coming down in the near future? Those who keep a watch on the trends of price movements of such items believe that prices can rise further in the coming days. As such, they rule out any downward trend in the near future and say this may continue through the next two months. Higher prices are thus something that cannot be considered good news for the average households.Those dealing in vegetable markets say that the demand was suppressed during Navratras as a good number of people don’t use onions during those days. Most people abstain from taking non-vegetarian food items also during this period in which onion is often the gravy base. Now that Navratras are over, the demand for the bulb is likely to see a spike and the prices can firm up further. Incidentally, the Central government had banned the export of onions to neighborhood Bangladesh some time ago. This has ruffled feathers there with Bangladesh Prime Minister Sheikh Hasina taking exception to the Indian government’s export ban. For obvious reasons, the price rise of the onion in Bangladesh impacted her politically.It seems if the export ban had not been put in place, the prices could have risen more sharply in Indian markets. Over two decades ago, late Sushma Swaraj led the BJP unit of Delhi as Chief Minister into elections. It was high onion prices that prevailed then which were held responsible for her comprehensive defeat.Right now, the Central government does not have any state elections to worry about, except in Bihar where an anti-Nitish Kumar sentiment seems to prevail. Potato, tomato and onion prices holding firm these days are a source of worry for the average politician. Interestingly, one thing common in the names of three vegetable items named above is the presence of letter O! We often hear of a phrase ‘as round as an O’ and the high prices of these essential items of daily-use can perhaps round off the careers of many politicians.
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