Indian government reduces price for subventioned tomatoes

by

The Indian federal government has lowered price of subsidised tomatoes so that consumers can save the high prices of retail. Government is offering tomatoes for a price that is subsidised at the equivalent of Rs.80 per kg in Delhi NCR and other cities via the National Cooperative Consumers’ Federation of India as well as the National Agricultural Cooperative Marketing Federation of India.

The average price for retail in India for tomatoes has been set at close to 120 kg however, the staple kitchen ingredient can be sold at $245 for a kilogram at certain locations. In Delhi it has gone down to around Rs 120 for kilogram. It is reported that the Department of Consumer Affairs has ordered NCCF as well as NAFED to offer tomatoes for sale at a retail prices of 70 rupees per kilogram starting the 20th of July the 2023 due to the trend of declining prices for tomatoes.

“Rs 100 equals EUR1.10 (Rs 100 equals EUR1.00)


Source: bqprime.com

Related Agroforestry News Posts:

  1. The buffer stocks of onions are released to Azadpur Delhi in order to manage the price This is the first time that the National Cooperative Consumers’ Federation of India Limited purchased onions to be part the price stabilisation fund (PSF) to control the prices on the market for this vegetable. The NCCF is among the central...
  2. The tomato crisis is over to consumers, however it will resurface for Indian farmer The drop in cost of tomatoes to just Rs30 per kg at the market markets on Monday, compared to the previous price of Rs240 per kg and was a huge hit with customers from the Rayalaseema region, as well as...
  3. Prices for bananas in India will likely to rise in the coming festive season. Following tomatoes and various other vegetables after tomatoes and other vegetables, it’s the price of bananas that is predicted to increase. Bananas are sold for the price of Rs 100 for a kilogram in Bengaluru due to the lower availability...
  4. India is expected to take tomatoes to Nepal amid rising prices The Finance Minister Nirmala Sitharaman has stated that India is planning to import tomatoes from Nepal in the midst of a record increase in the price of tomatoes across the nation. In a speech to the Parliament she said that...
  5. Indian agencies buy 290,000 tons of onions The National Agricultural Co-operative Marketing Federation of India Ltd (Nafed) as well as the National Cooperative Consumers’ Federation of India Ltd (NCCF) have purchased 290,000 tons onions to date. The purchasing process for both central agencies is scheduled to conclude...

Source: The Plantations International Agroforestry Group of Companies