Not much... Unlike bol bhachan.. Indian government is taking actions
The government has succeeded in fending off a surge in prices of onion, a volatile staple, by intervening in markets. Rains in recent months have damaged 15% of the country’s onion harvest, prompting the food ministry to release onions from a state-held stockpile beginning October, when prices rose.
The government has offloaded 1,11,376 tonnes of onions between October 10 and November 2 which cooled prices, for now, the latest official data show
The government had a record reserve of 200,000 tonnes of onion to douse any inflation in the food item during the current lean season, which can impact the wider economy and households alike.
Edible oil prices remain elevated despite the government’s deep cuts to import tariffs and virtual abolishing of basic custom duties. India imports up to two-thirds of its edible oil demand. Average mustard oil prices were up 42% than a year ago on November 6.
However, the real upside risk to inflation lies in “imported inflation” due to the global supply-chain crisis, Ashok Agrawal, an analyst with Comtrade, a commodities trading firm, said.
India is also anticipating lower output of some primary food commodities, such as onion and tomatoes due to crop damage from extreme rainfall this summer
www.hindustantimes.com
Afghanistan, china and US - I guess help on food inflation... The way you have mentioned on this thread.