Soaring Onion Rates Are Making Indians Cry

Indian are crying over the increasing rates of Onions. Why are the onion rates so high? Every Indian is in trouble when the price of onions match the cost of Gold! The Government succumbed to political pressure and opened its own stalls for selling very-low quality onions at a low rate: is this diplomatic? Delhi is crying over the rising prices of onions: Rs 70 per Kilogram is more than an overdose of poison to kill any Indian.

Indians are bargaining like hell at the vegetable markets. There are so many irrelevant reasons being given to justify this prejudice. A list of reasons for onion price hike in India include:

• Indian Stock markets are falling down (when did they rise by the way). Why not buy onion shares now! Don't even think about it: Indian markets will never rise. If they do, be ready for a very big fall!
• Too much rain has damaged the onion crops. This is a valid reason but the real culprit is someone else.
• Politics has something to do with onion prices? Don't know how far it is true but the politicians are using every possible means to raise their finger against the ruling party for not controlling onion prices. If the Indian Government declares subsidy for onions it will be the biggest miracle of 2013.
• Karnataka is exporting more onions: why should it affect Delhi. The prices in Karnataka are Rs 45 to Rs 60 per Kg whereas Delhi is shelling Rs 70 per Kg!

Thank God the vendors did not say "onion prices are high because today is my Happy Birthday"! The real reason for the price hike lies in the basic rule of economics: demand and supply. The demand is high and the supply is low and hence the price hike. Though the reason of increasing rains and heavy-export quantity does not sound perfect, the reason is still half-valid. Rains did destroy crops no doubt, but, not so much that the onion rates should soar so high. The onion vendors are just using invalid reasons of hurricane and too much rain to fill their pockets as quickly as possible.

Onion-inflation is making Indians tear their hair apart. People are getting angry with everyone they think they can get angry with. But the real reason why onions are becoming so costly is because the stock is a little short and all vendors are making up fairy-tale stories to increase the rate of onions: after all it is a get rich quick opportunity and no Indian ignores such chances. So stop cursing every third person for the increasing onion prices and accept the truth. Delhi radio has started making fun of onion rates and is getting good response from the angry and hungry Indians. Reports also claim that Indians are trying to steal onions: thank God they may stop stealing Gold for some days.

The onion prices will be down after three weeks. Till then keep the costly onions out of your diet. To make you heave a sigh of relief onions will soon be imported from China: will that make costly onions cheaper. No, the supply will be increased and the rate of onions will increase to Rs 80 per Kg if not hundred: thanks to inflation. Indians cannot cook without onions. And with so many Indians living in India the rate will never come down soon. So bear with the costly onions or cook your food without them and share this news on Facebook.