Bangladesh Agriculture Minister Abdur Razzak has stated he has directed researchers, scientists and officials to undertake action plans specifically aimed at self-sufficiency through increasing onion production in the country.
The Department of Agricultural Extension, Bangladesh Agricultural Research Institute and other concerned organisations will have to come together and soon finalise the action plan on how to deal with this crisis and the time needed to become self-sufficient by increasing production, the minister said.
How the onion crisis hit Bangladesh
Bangladesh witnessed a record hike in onion prices after India banned its export on September 29 last year. Onions saw a 557.8 per cent year-on-year rise last year. The record jump was witnessed in only two months after the Indian export ban.
According to recent research, the price of local onion increased by 542.86 per cent while that of imported one by 572.73 per cent in November last year compared to the corresponding period of the previous year.