Tearful Harvest

Despair once again prevails in Maharashtra’s onion belt as angry farmers have launched protests across Nashik, Sambhaji Nagar and Solapur in wake of onion prices crashing to absurdly low levels. For cultivators who spent months battling erratic weather, rising fertiliser costs and mounting debt, the arithmetic is devastating. At such prices, farmers are unable even to recover transportation costs, let alone repay loans or sustain their households. In the past, Governments in Delhi have risen...

min read

Despair once again prevails in Maharashtra’s onion belt as angry farmers have launched protests across Nashik, Sambhaji Nagar and Solapur in wake of onion prices crashing to absurdly low levels. For cultivators who spent months battling erratic weather, rising fertiliser costs and mounting debt, the arithmetic is devastating. At such prices, farmers are unable even to recover transportation costs, let alone repay loans or sustain their households. In the past, Governments in Delhi have risen and fallen over onion prices. In 1980, soaring onion prices contributed to public anger against the Janata Party government. In 1998, the BJP lost the Delhi Assembly elections amid voter fury over onions becoming prohibitively expensive. Few commodities possess such emotional resonance in Indian politics. Yet there is a cruel irony in India’s onion economy, namely that while consumers revolt when prices rise, farmers suffer when prices crash. Farmers in Maharashtra are demanding procurement at Rs. 32 per kg, while the state government has announced an assured procurement price of Rs. 1,580 per quintal. Leaders of the opposition Maha Vikas Aghadi have openly challenged the Mahayuti government to show where procurement at those rates was actually taking place. Yet the crisis illustrates a larger structural failure that no emergency meeting can fully conceal. India’s onion economy remains trapped in a cycle of volatility. When production dips, governments rush to ban exports, impose stock limits and flood markets with imports to calm urban consumers. But when production surges, farmers are abandoned to market collapses. The result is a deeply distorted agricultural ecosystem where cultivators bear the risks while political actors chase short-term electoral optics. Maharashtra, which accounts for a substantial share of India’s onion production, has witnessed such turmoil repeatedly. The protests of 2018, when farmers dumped onions on roads in Nashik after prices crashed below cultivation costs, should have served as a warning. They did not. Nor did earlier agitations led by the Shetkari Sanghatana in the 1980s and 1990s, which highlighted the asymmetry between urban-centric policymaking and agrarian realities. The present crisis is especially troubling because it strikes at a moment of already fragile rural sentiment. Farmer indebtedness remains acute. Climate variability has made cultivation increasingly precarious while input costs have risen steadily. Against this backdrop, a market collapse becomes a social issue, feeding anger, migration and, in the worst cases, suicides. The answer lies not in episodic procurement announcements or reactive subsidies, but in deeper reforms. India requires better agricultural storage infrastructure, predictable export policies and decentralised food-processing networks that can absorb production gluts. Most importantly, policymakers must stop treating farmers merely as electoral constituencies to be placated during crises. The onion has often moved governments because it affects the urban middle class. But a republic that ignores the tears of those who grow it risks a far deeper reckoning.

Why Women Are Better Investors Than Men

Kaustubh Kale
Mar 9, 2025
2 min read

Updated: Mar 10, 2025

As the world celebrated International Women's Day, discussions centered around women's achievements in various fields—business, leadership, science, and beyond. But one area where women consistently outperform men, yet receive little recognition, is investing.

Despite money management often being seen as a male-dominated field, women have quietly and consistently proven to be better investors than men. With patience, discipline, and a long-term mindset, women naturally possess qualities that make them superior money managers.

A Perfect Blend of Knowledge and Wealth

In Hindu mythology, Goddess Saraswati symbolizes knowledge, while Goddess Lakshmi represents wealth—two essential pillars of investing. The ability to manage wealth wisely stems from a deep understanding of financial principles, and this is where women excel. They take the time to learn, analyze, and make informed investment decisions rather than rushing into trends or speculation.

Why Women Make Better Investors

Several traits make women stand out as investors:

Patience and Long-Term Vision: Unlike men, who may be more prone to impulsive trading and get-rich-quick schemes, women tend to have a longer term mindset. Their ability to stay calm, especially during market fluctuations, leads to better returns over time.

Disciplined and Goal-Based: Women prioritize consistent savings and goal-based investing. This disciplined approach helps them build wealth steadily. Women naturally excel at budgeting, planning, and structuring investments to align with future goals, whether it’s children’s education, home buying, or retirement security. Their emotional connection with goals is what makes them stick to discipline.

Risk-Aware, Not Risk-Averse: Contrary to the stereotype, women are not afraid of risks—they are just more calculated about them, through appropriate asset allocation. Eventually, this approach ensures maximum returns with minimal risks.

Trust and Willingness to Learn: Women value education and expertise, making them more likely to seek guidance from a well-qualified financial advisor. Unlike men, who often overestimate their investing abilities, women approach financial decisions with a willingness to learn. Once they find a trusted expert, they follow sound advice instead of making emotional, short-term moves.

Women Leading the Financial World

These qualities are why many of the world’s leading financial institutions are now led by women. In India and abroad, we see prominent banks, asset management companies, and investment firms thriving under female leadership. Their ability to combine strategic thinking with emotional intelligence makes them exceptional at managing money—both at a personal and professional level.

Final Thoughts

With their trust in expert advice and a strong focus on financial education, more women should embrace their strengths and take control of their financial futures!