Lessons not Learnt: Onion Prices

This paper looks at the phenomenon of sharp spikes in onion prices almost every alternate year. The shows that acreage and production onions have increased over years, thus there seems to be no problem supply shortages. shortages are created by some weather event, which leads do not last for more than 3-4 months. To get this problem, government usually resorts instant export bans, jacking up minimum price strict implementation storage limits. hurts India’s exports. It gives recommendations deal with situation better.