The price of onions is a sensitive subject in South Asia, where shortages can trigger widespread discontent with political ramifications. One kilogramme of the staple vegetable usually costs 30 taka (36 US cents), but has soared to up to 130 taka after India imposed the export ban over the weekend. The state-run Trading Corporation of Bangladesh (TCB) is also selling onions at a discounted 45 taka per kilogramme in the capital Dhaka. Meanwhile consumers have accused wholesalers of hoarding the vegetable to jack up prices, a charge they deny. Some reserve onion stocks held by the national government are also being sold in several states at subsidised prices.

Source: The Express Tribune October 02, 2019 14:03 UTC