-PTI/ Business Standard Traders attributed the increase in prices to crop failure in South India. Tomatoes from North India got diverted to the south, affecting supplies in the Delhi region, they added The price of tomatoes in the national capital has jumped 44 per cent in the last one month to Rs 46 per kg with supply being disrupted due to heat wave and lower production in South India. According to data available...
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World’s most vulnerable now paying even more, for less food: FAO
-United Nations News Countries are expected to spend a staggering $1.8 trillion importing food they need this year; this would be a new world record but worryingly, it’s going to buy them less food, not more. That’s according to the UN Food and Agriculture Organization (FAO) which on Thursday suggested that for some countries, the situation potentially heralded “an end of their resilience to higher prices”. Ever-higher fixed costs for farmers of so-called...
More »Diversify crops, shift rice to places that can support it: Central panel -Shagun
-Down to Earth Low returns and high risks from alternative crops among reasons past efforts failed, says report The Commission for Agricultural Cost and Prices (CACP) has recommended promotion of crop diversification, favouring oilseed crops amid the global inflation in oilseeds and vegetable oils prices. Global inflation creates a structural risk as vegetable oils account for about half of India’s agricultural import, subsequently raising the country’s agri-import bill, the commission wrote in its...
More »Extreme weather shriveled several crops this year, tomato prices surge 168% YoY -Zia Haq
-Hindustan Times Unseasonal rains also damaged lemon crops during the flowering stage in several states in January and then, a heatwave while March-April harvesting crimped output. In April, prices leapt to unseen levels, reaching up to ₹200 a kilo. New Delhi: Extreme weather that scientists have linked to climate change has hit output of several crops this year, making fruits and vegetables costlier. The average retail price of tomatoes, a basic ingredient of...
More »Why Telangana’s inflation is high compared to other states -Paul Oommen
-TheNewsMinute.com Telangana is among four states that have recorded the highest inflation in terms of Consumer Price Index, as per data released by the National Statistical Office (NSO). In April, when the country’s retail inflation surged to an eight-year-high of 7.79%, state-wise data showed that Telangana had one of the highest inflation rate in the country: 9.02%. It was behind two other states—West Bengal which had 9.12% and Madhya Pradesh with 9.10%....
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