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LATEST NEWS UPDATES | Vegetable prices rise 50 per cent owing to bad weather -Madhvi Sally

Vegetable prices rise 50 per cent owing to bad weather -Madhvi Sally

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published Published on Jun 26, 2013   modified Modified on Jun 26, 2013
-The Economic Times


NEW DELHI: Vegetable prices have risen up to 50% in Delhi, Mumbai and other parts of the country as farms near the Yamuna river in northern India are flooded, while dry weather in many parts of western India have hit output.

The deluge in parts of northern India has also wiped out muskmelon and watermelon apart from hurting the mango crop. Traders said it would take two to four weeks for prices to stabilise. In Delhi, prices of brinjal and tomato have doubled, both retailing at 50 a kg, while in Mumbai, bottle gourd, bitter gourd, ridge gourd (tori), round gourd (tinda) and cucumber have risen over 50%.

The surge in prices renews concerns over food inflation, which has been persistently high in recent years, barring occasional dips. "Rains and flooding in the past few weeks across Punjab, Haryana and western Uttar Pradesh have damaged the standing and flowering crop. It will take a fortnight for supplies to pick up," said Pradipta Sahoo, head of horticulture at Mother Diary, a co-operative retailer. Of the daily procurement of 250-300 tonne of fresh vegetables for Safal stores, 30% of supplies come from the Yamuna belt, he said.

The Yamuna belt spans across Uttar Pradesh, Delhi to Haryana covering major vegetable regions of Karnal, Panipat, Sonepat, Delhi, Faridabad, Kosi, Mathura, Agra, Kanpur and Allahabad. Apart from vegetables, muskmelon and watermelon grown on river beds have been wiped out, said traders. Similarly, black spots have developed on mango crop in areas where incessant rain arrived ahead of harvesting.

The Centre has asked states to assess the losses due to heavy rains and floods, said Sanjeev Chopra, joint secretary and mission director, National Horticulture Mission & National Mission on Micro Irrigation, Ministry of Agriculture.

"There has been a huge damage to the crop, crippling supplies to most parts of north Indian states. Looking at the rising onion price (wholesale price at 18 a kg in Delhi and 15 a kg in Mumbai) we are offering states the option of stocking onion through the National Agricultural Cooperative Marketing Federation of India (Nafed)," he said. Retail onion prices are at 30- 40 a kg.

Traders pointed out that supplies of arbi and red chillies from Uttar Pradesh to southern states have slowed down. "We are not getting vegetables like red chillies and arbi from the north and prices have firmed by 30% to 35 a kg in a week," said Prakash Thakkar, secretary of the Vashi mandi in Mumbai.

According to him, vegetable prices remained high this year because farmers didn't go for vegetable sowing due to the lack of water. "Major supplies from Madhya Pradesh, Gujarat and Maharashtra are low. With a good spell of rains, we expect things to improve in a month," he said.


The Economic Times, 26 June, 2013, http://economictimes.indiatimes.com/news/economy/agriculture/vegetable-prices-rise-50-per-cent-owing-to-bad-weather/articleshow/20769811.cms


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