FYI, Tomatoes Are At Rs 100 A Kilo Now

15/06/2016 1:18 PM IST | Updated 15/07/2016 8:27 AM IST
Amit Dave / Reuters
Local residents buy tomatoes from a roadside vegetable market in Ahmedabad, India, August 7, 2015. Entrenched expectations of high inflation in India are feeding into higher wages and other prices, which could tie India's central bank governor Raghuram Rajan's hands even as he faces growing pressure to cut interest rates for a fourth time this year to help a patchy economy. Picture taken August 7. REUTERS/Amit Dave

Tomato prices have soared to ₹100 a kilo in some places due to crop damage in south India, according to media reports.

According to NDTV, Finance Minister Arun Jaitley plans to hold a top level meeting on rising food prices. India’s wholesale inflation rose to its highest in 19 months. Retail inflation shot up to 5.76 per in May due to rise in prices of food items, including vegetables.

As of Tuesday, tomato prices in most retail markets across the country had doubled to ₹80 per kg in last 15 days due to sluggish supply owing to crop damage. Tomato prices had hovered in the range of ₹ 20-40 per kg range, as per data maintained by the Consumer Affairs Ministry.

Rains in south India and heat stress in North India have together resulted in damaged crop.

Unlike potato and onion, tomatoes have a short shelf life. The absence of adequate cold storage facilities in the supply chain has aggravated the problem.

The country's tomato production is estimated at 18.28 million tonnes in the 2015-16 crop year (July-June) as against 16.38 million tonnes in the previous year.

Karnataka, Madhya Pradesh, Andhra Pradesh, Telangana, West Bengal and Odisha are the major tomato growing states in the country.

With PTI inputs

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