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A senior government official said that the decision has been taken to increase the availability of onions in the domestic market especially in view of the upcoming festival season | Latest News India
Adverse weather, including delayed monsoons and heavy rainfall, has led to higher vegetable prices may lead to further rate hikes and slow down economic growth | Latest News India
Skyrocketing tomato prices may see further spikes due to torrential rains that damaged crops in Karnataka and Maharashtra, according to traders and officials. | Latest News India
The Indian government has reduced the price of subsidized tomatoes from ?90/kg to ?80/kg in major cities to address rising food inflation. The price reduction is being implemented through two state-backed firms, NAFED and NCCF, and will be rolled out to more cities depending on market prices. The tomato crisis is due to extreme weather conditions and climate change-induced shortages. Analysts predict high grocery inflation until September due to last year s lower crop output and recent heavy rains. | Latest News India