The onion occupies an important role in the economic and political life of India. The climate crisis – an extreme drought followed by a violent monsoon season – has drastically reduced the production of this vegetable, whose price has jumped 500% in certain regions. India has two onion harvest each year. This year, the first was devastated by the drought that caused a 50% drop in production. The second harvest, happening as we write, is poorer in quantity and quality. Now the onion – used widely in Indian cuisine – has already brought down a number of governments. Faced with the discontent of the Indian people, the government – already confronted by a bleak economic outlook – has put its reserves of 50,000 tonnes on the market, committed to importing 100,000 tonnes and has ordered a limit to the stocks held by traders. It has also banned exports, which has caused… anger in Bangladesh, itself a big consumer of onions.
Sorce : ft.com