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A Treatise on Onions
Article

A Treatise on Onions

Making Sense of India’s Political Economy

GIS, 2015

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Editorial Rating

8

Qualities

  • Eye Opening
  • Background
  • Engaging

Recommendation

The humble onion is a deeply meaningful vegetable, especially when it comes to India’s economy. In this fascinating and elegantly written report, free market proponent Barun S. Mitra eviscerates India’s agricultural controls – policies he considers misguided. Mitra describes the peculiarities of the nation’s volatile markets, and he persuasively argues that the problems extend well beyond onions to larger parts of India’s economy. getAbstract recommends this revealing article to investors and executives seeking insights into India’s sometimes-baffling markets.

Take-Aways

  • In India, the price of onions, a food staple there, offers a window into the country’s misguided economic policies.
  • India’s bureaucracy, attentive to voter dissatisfaction with the cost of onions, sets prices and rations after floods or droughts disrupt supply.
  • Low crop yields and primitive supply chains also affect the market for onions.

About the Author

Barun S. Mitra is founder and director of the Liberty Institute, a nonprofit, nonpartisan research organization in New Delhi.