business ๐ง Onion prices are spiking again, what gives?
Retail prices for onions have jumped around 60 percent nationally, making the vegetable a major household budget issue. This is happening across India, with Gujarat seeing a rise from Rs 35-40 to Rs 60-70 per kg in just 15 days. The 2025-26 output is steady, but the government's buffer stock management failed due to a 40 percent procurement shortfall. Unseasonal rains and farmer decisions to sell early worsened the storage spoilage issues. The Centre is now running 'Kanda Express' rakes and offering subsidized sales in Delhi to address the crisis. ๐ง