BUSINESS : No fall in tomato output; price rise due to supply disruption

Food Minister Ram Vilas Paswan on Monday said there has been no decline in tomato output and the shooting up of the prices to over Rs 60 a kg is due to disruption in supplies from rain-hit South India.
“There is no fall in production of tomato in the country.
Prices have increased due to transportation problems and rains in the South India,” Paswan said on the sidelines of an event here.
The price increase in tomato is a seasonal issue and the price situation will normalise as supplies improve, he added.
Tomato prices have risen sharply in the last few days to over Rs 60 per kg in most retail markets. In rain-affected Chennai, they had touched as high as Rs 80 per kg last week.
Cabinet Secretary P.K. Sinha had reviewed the tomato price situation last week and directed the ministries concerned to keep a close watch on the prices.
On pulses prices which are still ruling above Rs 180 per kg, Paswan said the rise is purely due to widening gap in demand and supply of lentils.
The government has taken all measures to rein in prices including imposing stock holding limits and action against hoarders, imports among others, he added.
Paswan said that the production is around 17.5 million tonnes against the demand of 25 million tonnes. The balance is met through imports.
The secretaries of Agriculture, Food, Commerce and Finance are regularly monitoring the prices of pulses, tomato and other essential commodities on a regular basis, he added.
Share on Google Plus

About Unknown

Santosh Kumar is a Pro Blogger and Web Designer.He loves in posting blogs.His Hobbies are Listening to Music,Playing Cricket and Reading Books.
    Blogger Comment
    Facebook Comment