Dhaka, Nov. 10 -- In a shocking surge, onion prices have doubled in just 10 days, forcing consumers to shell out an extra Tk 3.5 crore every single day.
Amid this price turmoil, the government's 'hesitation' over import approvals has left both shoppers and farmers stranded, caught in a tightening grip of uncertainty and financial strain.
Consumer rights groups and market experts say the crisis is driven by delayed imports, weak market management and syndicate activities.
The Consumers Association of Bangladesh (CAB) has calculated that the country's daily consumer demand for onions stands at around 7,000 metric tonnes. With prices rising from Tk 60-70 per kg to Tk 110-120 per kg in a short span, the extra daily burden on consumers' poc...
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