Was just looking on the inflation numbers and realized the food prices are up by 18.2% on the year, and this was led by a mind-blowing 245% annual rise in onion prices.
Sharing some of the crazy things we’ve seen around India in the aftermath of soaring onion prices.
- Onion Groupon Deals: Groupon India offered onions at Rs. 9 for a kg, in response to surging onion prices, and the offer caused the site to crash. This represented an 85% discount to a market price of Rs. 60 at the time the deal went live. It was the first time Groupon India had a deal on onions. Continue reading “India and the Onion”