Tomato being imported from Nepal will be sold in this state at Rs 50 per kg
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New Delhi : To control the rising prices of tomato in India, it is being imported from Nepal. According to media reports, tomatoes coming from Nepal are still on the way. Indian National Consumer Cooperative Federation Limited (NCCF) has informed on Wednesday that the consignment of tomatoes coming from Nepal will be sold in Uttar Pradesh. NCCF has contracted to import 10 tonnes of tomatoes from Nepal. Along with imports, NCCF is also procuring tomatoes domestically on behalf of the Central Government and selling them to consumers at a subsidized rate. NCCF is ‘intervening’ at the retail level following instructions from the Ministry of Consumer Affairs.
10 tons of tomatoes being imported from Nepal
NCCF Managing Director Anees Joseph Chandra said that we have signed a contract to import 10 tonnes of tomatoes from Nepal. Out of this, 3-4 tonnes were distributed in Uttar Pradesh on Tuesday and about five tonnes of tomatoes are still on the way. It will be sold in Uttar Pradesh on Thursday. He said that tomatoes get spoiled quickly. Because of this it cannot be sold in other parts of the country.
Tomatoes are being sold from mobile vans
Anees Joseph Chandra said that imported and locally procured tomatoes in Uttar Pradesh are being sold through mobile vans at select locations along with retail outlets. He said that tomatoes procured from major producing states of the country in Delhi-NCR and Rajasthan are being sold at a concessional rate of Rs 50 per kg.
Domestic arrivals started in mandis
When asked about further import of tomatoes from Nepal, Joseph Chandra said that the import from Nepal would be done in a systematic manner, as domestic arrivals have started in the mandis of some states. He said that in Madhya Pradesh and Andhra Pradesh, the arrival of new tomato crop has started in the wholesale mandis and the prices are also coming down.
falling prices
According to government data, the all-India average wholesale price of tomato has come down to Rs 88.22 per kg on August 15, compared to Rs 97.56 per kg a month ago. Similarly, the all-India average retail price of tomato has come down from Rs 118.7 per kg a month back to Rs 107.87 per kg now, data shows.
Vegetable prices rise 62.12 percent in July
According to the Consumer Affairs Ministry, wholesale inflation was down from minus 4.12 per cent in June due to a 62.12 per cent increase in the prices of vegetables in July. In July last year it was 14.07 per cent. According to government data, inflation in food articles stood at 14.25 per cent in July, compared to 1.32 per cent in June.
Market affected by the price of vegetables
Rahul Bajoria, Head of Economic Research, EM Asia (Excluding China), Barclays, said the slower pace of decline in the Wholesale Price Index on a monthly basis is almost entirely due to vegetable prices, which have actually risen. Basically the market is getting affected due to the rising prices of vegetables. Apart from vegetables, an increase was seen in cereals and pulses, where inflation stood at 8.31 per cent and 9.59 per cent, respectively.
RBI kept repo rate unchanged
The Reserve Bank of India (RBI) kept the policy rate repo unchanged at 6.5 per cent for the third time in a row last week with the aim of keeping rising retail inflation under control and boosting the economy. Governor Shaktikanta Das had said that the work regarding inflation is not over yet. Risks to inflation remain due to volatility in the prices of food commodities and energy in the international market and persisting geo-political tensions and weather related uncertainties.
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