Indian carrot and tomato prices fall 40%
According to the data provided by the Economics and Statistics Department (ESD) for Tuesday, the average prices of 39 out of 50 commodities, including provisions and vegetables, fell considerably as compared to the same period last year in the state.
More surprising is the fact that as many as 23 items, including green gram, coconut oil and potato, are even cheaper than the first week of January 2015.
Stakeholders say the record food production in the rain-fed Kharif harvest, and the State Government’s effective market intervention programmes, have led to the price fall. The trend that started after Onam is expected to continue until March, barring any unexpected natural event.
Of the 23 items under the ‘tubers and vegetables’ category in the ESD list, 17 have lower prices than the previous January, with some like carrot and tomato showing over 40 per cent dips. Exceptions are elephant foot yam, tapioca, colocasia, cucumber, banana and plantain, which recorded a 4-56 per cent hike in prices.
source: newindianexpress.com
