The persistent manipulation and syndication within the country's onion market have gone far beyond mere market irregularities-this is now a case of blatant economic exploitation. Year after year, farmers are denied fair compensation during the harvesting season, while consumers are forced to pay two to three times the usual price during shortages. This is not just a market failure; it is a dangerous socio-economic disease.
A handful of unscrupulous traders reap massive profits by exploiting the seasonal nature of onion production and the lack of adequate storage facilities. They create artificial shortages by hoarding, delaying imports, or even allowing stock to rot in warehouses-just to inflate prices and pressure the public. Meanwhile, the farmers who grow the onions are left in financial distress, and consumers suffer daily for the manipulated excessive price they have to pay for this kitchen item.
This situation demands urgent and effective intervention. With proper market monitoring and a transparent distribution system, it is possible to ensure fair prices for both producers and consumers.
Progga Das
Student, Department of Economics
Eden Mohila College
proggadas2005@gmail.com