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India: Garlic price dips by 80%
Each subsequent crop harvested since Makar Sankranti seems to bring glad tidings to the Indian consumer wearied by battling price rise. Marking another pleasant turnaround since the bumper crop of onion was harvested mid-January, the cost of a few essential food items has been restored to pre-inflation levels. Garlic has dropped from the astronomical Rs 250-300 per kg to Rs 50-60 while onion and tomato have stabilised at Rs 10-15 per kg. Interestingly, eggs are four rupees cheaper than the average rate of Rs 44, having settled at Rs 40 in the past fortnight.
Bringing long-awaited relief to vegetarians and meat-eaters alike, garlic, which rose to Rs 350-400 last June-July and has remained an aspirational item since then, has finally normalised at pre-inflation levels of Rs 50-60 per kg. Large carts laden with white pods are seen outside railway stations like Jogeshwari. "Last year the crop failed in many parts of the country. This year, though, we have reaped an excellent harvest mid-February so the price of garlic has normalised now," said Mahek Shah of the Chillies and Garlic Commission in Navi Mumbai. Shah does not expect another crisis situation this year.
Source: indiatimes.com
Each subsequent crop harvested since Makar Sankranti seems to bring glad tidings to the Indian consumer wearied by battling price rise. Marking another pleasant turnaround since the bumper crop of onion was harvested mid-January, the cost of a few essential food items has been restored to pre-inflation levels. Garlic has dropped from the astronomical Rs 250-300 per kg to Rs 50-60 while onion and tomato have stabilised at Rs 10-15 per kg. Interestingly, eggs are four rupees cheaper than the average rate of Rs 44, having settled at Rs 40 in the past fortnight.
Bringing long-awaited relief to vegetarians and meat-eaters alike, garlic, which rose to Rs 350-400 last June-July and has remained an aspirational item since then, has finally normalised at pre-inflation levels of Rs 50-60 per kg. Large carts laden with white pods are seen outside railway stations like Jogeshwari. "Last year the crop failed in many parts of the country. This year, though, we have reaped an excellent harvest mid-February so the price of garlic has normalised now," said Mahek Shah of the Chillies and Garlic Commission in Navi Mumbai. Shah does not expect another crisis situation this year.
Source: indiatimes.com
Publication date: 3/3/2011
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