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Tomato Prices

Govt funding 28 innovative ideas to address tomato price volatility

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

Govt funding 28 innovative ideas to address tomato price volatility
Updated On : 22 Nov 2024 | 5:27 PM IST

Onion prices hit 5-year high, expected to drive November inflation higher

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

Onion prices hit 5-year high, expected to drive November inflation higher
Updated On : 08 Nov 2024 | 11:17 AM IST

Tomato price skyrockets: Govt steps in with Rs 65/kg relief in Delhi-NCR

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

Tomato price skyrockets: Govt steps in with Rs 65/kg relief in Delhi-NCR
Updated On : 08 Oct 2024 | 2:43 PM IST

As rain disrupts supply chain in key states, veggie prices start pinching

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

As rain disrupts supply chain in key states, veggie prices start pinching
Updated On : 27 Sep 2024 | 9:38 AM IST

Veg thali cost drops 8% in August, driven by low tomato prices: Crisil

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

Veg thali cost drops 8% in August, driven by low tomato prices: Crisil
Updated On : 07 Sep 2024 | 12:13 AM IST

Govt to sell subsidised tomatoes at Rs 50 per kg in Delhi-NCR from Aug 2

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

Govt to sell subsidised tomatoes at Rs 50 per kg in Delhi-NCR from Aug 2
Updated On : 01 Aug 2024 | 4:03 PM IST

NCCF to sell tomatoes at subsidised price in Delhi-NCR from July 29

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

NCCF to sell tomatoes at subsidised price in Delhi-NCR  from July 29
Updated On : 27 Jul 2024 | 10:12 PM IST

Tomato prices soar to Rs 100 per kg in Delhi markets after rains hit supply

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

Tomato prices soar to Rs 100 per kg in Delhi markets after rains hit supply
Updated On : 20 Jul 2024 | 10:40 PM IST

Tomato prices may ease in coming weeks on supplies from Andhra, K'taka

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 .

Tomato prices may ease in coming weeks on supplies from Andhra, K'taka
Updated On : 13 Jul 2024 | 2:58 PM IST

As rainfall cools down temperatures, now vegetable prices start heating up

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

As rainfall cools down temperatures, now vegetable prices start heating up
Updated On : 05 Jul 2024 | 3:08 PM IST

Vegetarian thali costlier in last one year, non-veg thali cheaper: CRISIL

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

Vegetarian thali costlier in last one year, non-veg thali cheaper: CRISIL
Updated On : 07 Feb 2024 | 10:54 PM IST

Fall in prices of onion, tomato pushed cost of veg thali down 3% in Dec

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

Fall in prices of onion, tomato pushed cost of veg thali down 3% in Dec
Updated On : 08 Jan 2024 | 11:21 PM IST

Tomato prices pushed cost of vegetarian thali up 24% in August: CRISIL

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

Tomato prices pushed cost of vegetarian thali up 24% in August: CRISIL
Updated On : 07 Sep 2023 | 2:32 PM IST

India's fashion retailers suffer sales pain as tomato, onion prices surge

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

India's fashion retailers suffer sales pain as tomato, onion prices surge
Updated On : 28 Aug 2023 | 12:28 PM IST

Top headlines: Chandrayaan-3 on moon, vegetable prices to ease, and more

Business Standard brings you the top headlines at this hour

Top headlines: Chandrayaan-3 on moon, vegetable prices to ease, and more
Updated On : 24 Aug 2023 | 8:48 AM IST

Soaring onion prices in India may hurt PM Modi more than tomatoes

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

Soaring onion prices in India may hurt PM Modi more than tomatoes
Updated On : 22 Aug 2023 | 7:23 AM IST

Tomato prices cooling with fresh arrival; retail prices at Rs 50-70/ kg now

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

Tomato prices cooling with fresh arrival; retail prices at Rs 50-70/ kg now
Updated On : 21 Aug 2023 | 7:18 PM IST

Tomatoes at Rs 40 per kg! Here is what Centre has asked NCCF, NAFED to do

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

Tomatoes at Rs 40 per kg! Here is what Centre has asked NCCF, NAFED to do
Updated On : 18 Aug 2023 | 6:31 PM IST

Tomatoes expected to become affordable as wholesale prices decline 30%

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

Tomatoes expected to become affordable as wholesale prices decline 30%
Updated On : 18 Aug 2023 | 11:58 AM IST

Burger King stops using tomato in food preparations amid soaring prices

Fast food chain Burger King has stopped using tomatoes in its food preparations, joining the list of other quick service restaurant (QSR) chains like McDonald's and Subway, amid soaring prices of the staple kitchen item. Burger King, operated by Restaurant Brands Asia in the country with 400 stores, in a message on the support page of its website cited "quality" and "supply" issues as reasons for removing tomatoes from its food servings. "We, at Restaurant Brands Asia Ltd, have very high standards of quality as we believe in serving real and authentic food. Due to unpredictable conditions on the quality & supply of tomato crops, we are unable to add tomatoes to our food. Rest assured, our tomatoes will be back soon," the message read. It has requested customers to have "patience and understanding" for the situation. Some Burger King India outlets have reportedly placed a notice with some humour, saying, "Even tomatoes need a vacation... we are unable to add tomatoes to our ...

Burger King stops using tomato in food preparations amid soaring prices
Updated On : 16 Aug 2023 | 10:57 PM IST