Friday, 23 August 2013

Rising Onion Prices Sting India

The Indian economy is facing one of its worst crises in a decade and while that is worrying the political and economic fraternity, what is worrying ordinary Indians is the price of onions. People in India eat their way through 15 million tonnes of onions a year and in the last month the price has gone up nearly five-fold and is stinging everyone in India. The reason for this is a classic case of supply and demand. Find out more by checking out the article below.