Highlights

  • The government on Friday said retail prices of tomatoes are expected to fall
  • Retail prices have shot up to Rs 200-250 per kilogram in several parts of the country

Latest news

US Govt urges Supreme Court to dismiss Mumbai terror accused Rana's petition for writ of certiorari

US Govt urges Supreme Court to dismiss Mumbai terror accused Rana's petition for writ of certiorari

HRW accuses Israel of 'acts of genocide' for Gaza water access

HRW accuses Israel of 'acts of genocide' for Gaza water access

Arvind Kejriwal urges NDA allies to reconsider support for BJP over Amit Shah’s Ambedkar remark

Arvind Kejriwal urges NDA allies to reconsider support for BJP over Amit Shah’s Ambedkar remark

Nuclear-armed Pakistan says fresh US sanctions 'biased'

Nuclear-armed Pakistan says fresh US sanctions 'biased'

Andhra High Court upholds lesbian couple’s right to live together, parents told not to ‘interfere’

Andhra High Court upholds lesbian couple’s right to live together, parents told not to ‘interfere’

Mumbai boat tragedy: Life jackets made mandatory for rides from Gateway of India

Mumbai boat tragedy: Life jackets made mandatory for rides from Gateway of India

FIR against Samajwadi Party’s Sambhal MP for power theft

FIR against Samajwadi Party’s Sambhal MP for power theft

Eknath Shinde pays tribute to RSS founder, highlights Sangh's nation-building role

Eknath Shinde pays tribute to RSS founder, highlights Sangh's nation-building role

Sky-high tomato prices: Here's why govt expects prices are to fall

Sky-high tomato prices: Here's why govt expects prices are to fall

Sky-high tomato prices: Here's why govt expects prices are to fall

The government on Friday said retail prices of tomatoes are expected to fall with higher supply of new crops from Maharashtra and Madhya Pradesh.

The retail prices have shot up to Rs 200-250 per kilogram in several parts of the country as supply chain got disrupted due to monsoon rains and other issues.

In a written reply to Rajya Sabha, Minister of State for Consumer Affairs, Food and Public Distribution Ashwini Kumar Choubey said, "Prices of tomato are expected to come down with the increase in arrival of new crop from Nashik, Naryangaon and Aurangabad belt in Maharashtra and also from Madhya Pradesh." He said the "current increase in tomato prices may incentivize farmers to grow more tomato crop which is expected to stabilize the prices in coming months".

Choubey attributed the recent increase in prices to a combination of factors like "crop seasonality, white fly disease in Kolar (Karnataka), instantaneous arrival of monsoon rains in northern part of the country which adversely affected tomato crops in Haryana and Himachal Pradesh and logistics disruptions in isolated areas due to heavy rains." The minister informed that the average daily retail price of tomato had crossed Rs 150 per kg in Delhi, Punjab, Chandigarh and Andaman and Nicobar Islands during the week July 10-16.

As on July 18, the average retail price in Delhi declined to Rs 130 per kg and to Rs 127.70 per kg in Punjab.

In order to check prices of tomatoes and make them affordable, the government has started their procurement under Price Stabilisation Fund and is making them available at a highly subsidised rate to consumers.

The National Cooperative Consumers Federation (NCCF) and National Agricultural Cooperative Marketing Federation (NAFED) are continuously procuring tomatoes from 'mandis' in Andhra Pradesh, Karnataka and Maharashtra and making them available at affordable prices in major consuming centres in Delhi-NCR, Bihar, Rajasthan, etc.

Tomatoes have been disposed initially at retail price of Rs 90 per kg which has been reduced to Rs 80 per kg from July 16 and further to Rs 70 per kg from July 20.

Till July 18, a total of 391 tonne tomatoes had been procured for continuous retail disposal in major consumption centres for the benefit of consumers.

ADVERTISEMENT

Up Next

Sky-high tomato prices: Here's why govt expects prices are to fall

Sky-high tomato prices: Here's why govt expects prices are to fall

New Zealand falls into recession with abrupt economic slowdown

New Zealand falls into recession with abrupt economic slowdown

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

ADVERTISEMENT

editorji-whatsApp

More videos

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

 Indian Markets Open Lower Amid Caution Ahead of U.S. Federal Reserve Meeting

Indian Markets Open Lower Amid Caution Ahead of U.S. Federal Reserve Meeting

Five of top-10 most valued firms together add Rs 1.13 lakh Crore in market valuation

Five of top-10 most valued firms together add Rs 1.13 lakh Crore in market valuation

Airlines are price takers, they do not have influence on prices they pay: IATA Chief Economist

Airlines are price takers, they do not have influence on prices they pay: IATA Chief Economist

India’s import of Russian oil drops in November on shrinking discounts

India’s import of Russian oil drops in November on shrinking discounts

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.