India

Central Government Announces Measure To Control Tomato Price Hike

The central government today announced measures to control the price of the tomatoes as vegetable rates in the nation increase every day and have been above the 100-rupee mark for several weeks.

The National Agricultural Cooperative Marketing Federation and National Cooperative Consumers Federation have been requested by the Department of Consumer Affairs to purchase tomatoes from Andhra Pradesh, Karnataka, and Maharashtra and distribute them in areas where tomato prices have increased the most.

According to a government announcement, the discounted fresh stock will be accessible to customers in Delhi-NCR by Friday.

“The production seasons are also different across regions. The peak harvesting season occurs from December to February. The periods during July-August and October-November are generally the lean production months for tomato,” the statement said.

Explaining the price hike during this period, the statement added, “July coinciding with monsoon season, adds to further challenges related to distribution and increased transit losses adding to price rise. The cycle of planting and harvesting seasons and variation across regions are primarily responsible for price seasonality in Tomato. Apart from the normal price seasonality, temporary supply chain disruptions and crop damage due to adverse weather conditions etc. often lead to sudden spikes in prices.”

The government said that the price will soon decrease as fresh arrivals are expected to arrive from Maharashtra and Madhya Pradesh.

Also Read: Ukraine Claims 11 Russian Drones Shot Down During Second Night Of Attacks

Shivanshi Srivastava

Recent Posts

EAM Jaishankar Holds Talks With Austrian Counterpart On Trade, Technology And Global Security

External Affairs Minister S Jaishankar met Austrian Foreign Minister Beate Meinl-Reisinger in New Delhi to…

40 seconds ago

ICC Rankings: Abhishek Sharma Reclaims T20I Top Spot As Marco Jansen Leads Test Charts

India’s Abhishek Sharma has reclaimed top position in the ICC T20I batting rankings, while South…

35 mins ago

Sensex Falls 353 Points As Auto And Banking Stocks Cushion Market Decline

Indian equity markets ended lower on Wednesday, with the Sensex losing 353 points and the…

1 hour ago

Jio Listing Makes Reliance India’s Largest Business Group, Overtaking Tata

Reliance Group has overtaken Tata Group to become India’s largest business group following Jio Platforms’…

2 hours ago

Adani Ports Q2 Revenue Rises 24% To ₹11,340 Crore; Raises FY27 Guidance

Adani Ports reported 24 per cent Q2 revenue growth to ₹11,340 crore and raised FY27…

4 hours ago

Jio Platforms Shares Trade Flat After Strong Market Debut

Jio Platforms shares are listed at a 21.36 per cent premium before trading nearly flat,…

4 hours ago