Modi’s Anti-Inflation Moves Seen Failing by Onion Traders

Arun Kumar has seen many Indian governments try and fail to eliminate middlemen at produce markets who are blamed for hoarding and stoking inflation. He expects nothing to change under Prime Minister Narendra Modi.

Kumar, who has bought and sold produce at Delhi’s biggest food market for three decades, said measures announced two days ago to ease restrictions on sales of fruits and vegetables had no immediate impact on prices. Farmers don’t have the experience or capital required to sell directly to consumers, he said.