Tomato Prices

In view of falling tomato prices, the Centre on Wednesday said it will reimburse the storage and transportation cost of tomato in Madhya Pradesh under the market intervention scheme through cooperative NCCF. Agriculture Minister Shivraj Singh Chouhan has approved the implementation of transportation component of market intervention scheme (MIS) for tomato in the state through NCCF. "NCCF is preparing to start transportation operations from Madhya Pradesh soon," an official statement said. Under this scheme, where there is a price difference of TOP crops (tomato, onion and potato) between producing and consuming states, the operational cost incurred in storage and transportation of crops from producing state to other consuming states will be reimbursed to the central nodal agencies like NAFED and NCCF. This has been done in the interest of farmers of producing states, the statement added.

To address sharp volatility in retail prices of tomatoes, the government has selected and funded 28 innovative ideas, including making wine from tomato, under a hackathon for improving supply chain as well as processing levels, and it will now facilitate these startups to scale up their business. Consumer Affairs Secretary Nidhi Khare on Friday said Tomato Grand Challenge (TGC) hackathon was launched in June last year to invite innovative ideas at various levels of the tomato value chain to ensure its availability to consumers at affordable prices and help tomato farmers get value for the produce. The TGC was formulated by the Department of Consumer Affairs in collaboration with Ministry of Education (Innovation Cell). "There is a high volatility in tomato prices. Rates increase sharply because of excessive rains, heat spells and pest attacks," Khare said, adding that there are at least 2-3 occasions in a year of sudden price hike as much as 100 per cent. She pointed out that rate

Onion prices have increased by 21 per cent in four days, reaching a five-year high of Rs 60 per kg, while potato and cooking oil prices also remain elevated. Experts warn of inflation pressure in Nove

Amid soaring tomato prices surging beyond Rs 90 per kg in Delhi, the Centre has launched tomato sale at Rs 65 per kg at 50 locations to stabilise the market, with plans for expansion to other cities

Prices of onions and tomatoes surge to Rs 70/kg in metro markets, while green vegetables like capsicum, spinach, and gourd are selling around Rs 100/kg

Non-veg thali costs also reduced by 12% due to lower tomato prices, a kitchen staple in India, as well as reduced vegetable oil, spices, and fuel costs

The government will start selling tomatoes at a subsidised rate of Rs 50 per kg from Friday in Delhi-NCR and Mumbai retail markets as against Rs 60 per kg now to provide relief to the common man. On July 29, Union Food and Consumer Affairs Minister Pralhad Joshi had launched sales of tomatoes at a subsidised rate of Rs 60 per kg in Delhi-NCR. Later, the sales started in Mumbai also. "Prices of tomatoes have come down after our intervention," Joshi told reporters here. Consumer Affairs Secretary Nidhi Khare said, "We will start selling tomatoes at Rs 50 per kg from tomorrow (August 2) in Delhi-NCR and Mumbai," she told reporters. The National Cooperative Consumers' Federation of India Ltd (NCCF) is selling tomatoes through mobile vans. According to the Department of Consumer Affairs data, the all-India average price of tomatoes stood at Rs 61.74 per kg on July 31. In Delhi, the average price was Rs 70 per kg on Wednesday. Last month, the rates soared to more than Rs 100 per kg as

To provide relief from soaring tomato prices, the National Cooperative Consumers' Federation of India (NCCF) will begin selling the commodity at a subsidised rate of Rs 60 per kg in the Delhi-NCR region from Monday. The move comes as tomato prices have surged due to supply disruptions caused by recent rains in producing centres. While the Consumer Affairs Ministry data showed retail tomato prices at Rs 77 per kg in Delhi on July 27, prices have been exceeding Rs 80 per kg in some areas, depending on quality and locality. "The mega sale will commence on July 29, 2024, and will gradually expand to other locations in Delhi-NCR in the coming days," NCCF said in a statement. The subsidised tomatoes will be available at various locations including Krishi Bhawan, CGO Complex, Lodhi Colony, Hauz Khas, Parliament Street, INA Market, and several areas in Noida, Rohini, and Gurugram, it said. This initiative aims to stabilise the market and provide substantial cost relief to consumers. NCCF

Tomato prices soared to Rs 100 per kg in retail markets of the national capital on Saturday as adverse weather conditions in various parts of the country continue to affect supplies of the essential kitchen staple. Tomatoes are available at Rs 100 per kg at Mother Dairy's retail outlets, Safal, in the national capital. According to the data compiled by the Department of Consumer Affairs, retail prices of tomatoes in Delhi are ruling at Rs 93 per kg on Saturday, July 20. The all-India average price of tomatoes on July 20 is Rs 73.76 per kg as per the government data. A senior official from the department had last week attributed the sharp rise in prices to disruption in supplies caused by extreme heat followed by spells of excess rainfall. "Prices of tomato, potato and onion are ruling high in Delhi and some other cities. Extreme heat followed by spells of excess rainfall disrupted supplies, causing a spike in prices in consuming areas," the official had told PTI. At Mother Dairy

Retail tomato price, which soared to Rs 75 per kg in the national capital, is expected to cool in the coming weeks as supply improves from southern states, a government official said on Saturday. The official, who spoke on condition of anonymity, said prices of potato and onion, which also spiked due to supply disruptions, are expected to stabilize soon. "Prices of tomato, potato and onion are ruling high in Delhi and some other cities. Extreme heat followed by spells of excess rainfall disrupted supplies, causing a spike in prices in consuming areas," the consumer affairs ministry official told PTI. Tomato price in New Delhi has surged to Rs 75 per kg, but is likely to ease if heavy rainfall does not further disrupt supply chains, he said. According to the ministry data, retail tomato price in Delhi was Rs 75/kg on July 12, down from Rs 150/kg in the year-ago period. In Mumbai, the price was Rs 83/kg, while Kolkata reported it at Rs 80/kg. The all-India average retail price of .

Comparatively, wholesale tomato prices surged by 112 per cent, from last month. Potato and Onion prices have also risen rainfall affects transportation across states

The rise in the cost of a veg thali signals that the food inflation inched up in January as compared to January 2023

On a year-on-year basis, however, the cost of veg thali continues to be higher than in December 2022

For non-veg thali, the cost was up 13 per cent. It was lower than that of a veg thali owing to a marginal rise in broiler prices

Popular Indian and foreign brands including shoe retailers Japan's Asics and Skechers USA have been offering steep discounts

Business Standard brings you the top headlines at this hour

India has imposed a 40 per cent export tax on onions and plans to sell them locally at subsidised rates

The government on Monday said tomato prices have fallen to Rs 50-70 per kilogramme with arrival of fresh crops in retail markets and it will continue to sell tomatoes at a discounted rate till rates come down to a normal level. Tomato prices had skyrocketed to as high as Rs 250 per kg in the retail markets across the country due to unseasonal rains. "Tomato prices are ruling in the range of Rs 50-70 per kg in retail markets across the country at present," Consumer Affairs Secretary Rohit Kumar Singh told PTI. Prices have started cooling down with increase in arrival of the fresh crop in states like Madhya Pradesh, he added. On sale of tomatoes at a subsidised rates, the secretary said the government will sell the commodity at the discounted prices in select states till the retail prices come to normalcy. Cooperatives NCCF and NAFED have started selling tomatoes at a reduced rate of Rs 40 per kilogramme since August 20 amid declining price of the kitchen staple in wholesale and ret

Since July, both NCCF and NAFED have been selling tomatoes at a discounted rate on behalf of the consumer affairs ministry in Delhi-NCR, UP, Rajasthan and Bihar

While tomatoes bring a sigh of relief, onion prices may be next in line to dig a hole in your pocket