In recent weeks, Bengaluru has witnessed a significant spike in onion prices, prompting worry among consumers and traders. The surge in prices can be attributed to adverse weather conditions impacting the onion harvest, leading to a reduced supply in the markets. This concerning trend is expected to persist until December, awaiting the availability of the kharif crop. Let’s delve into the details of this onion crisis and its implications for the region.
Source: NewsClick
Karnataka, including Bengaluru, is a key hub for onion production, with regions like Bijapur, Gadag, Chitradruga, Davanagere, and Belgaum contributing significantly to the state’s onion yield. Despite the substantial cultivation area of approximately 60,000 hectares, the onion crop has been severely affected this year due to erratic weather patterns such as irregular rainfall and drought. These conditions have led to a reduced onion yield, triggering a scarcity of this kitchen staple and consequent price hikes.
As a result of the reduced crop, local markets have witnessed a sharp increase of over 50 percent in onion prices, causing a strain on household budgets. The limited availability of onions has posed a challenge for sellers and traders, compelling them to grapple with meeting the escalating demand. At the APMC Yard in Yeshwanthpur, Bengaluru, wholesale onion prices have soared to Rs 65 per kilogram, significantly surpassing the previously stable range of Rs 35 to Rs 40 per kilogram. This unprecedented surge has prompted consumers to seek more affordable options, highlighting the economic burden imposed by the escalating onion costs.
Source: Money Control
The inflationary impact of the onion price surge, compounded with the elevated costs of other essential food items like pulses and grains, is a cause for concern among households. Onions play a fundamental role in Indian cuisine, and their increased prices are likely to exacerbate the financial strain on families. For instance, Sunitha Reddy, a Bengaluru resident, recently grappled with the heightened costs, paying Rs 100 for 1.5 kilograms of onions. This personal experience mirrors the broader economic strain faced by many in the city.
Recognizing the severity of the situation, the Karnataka government has taken proactive steps to stabilize onion prices and ensure a consistent supply of this crucial food item. Efforts are underway to explore various avenues to alleviate the strain on consumers and prevent further escalation in food prices. With onions being an essential ingredient in various culinary preparations, the government’s intervention is crucial in mitigating the impact on both households and the food industry.
