Why do tomatoes cost over Rs 100, and why is the market heating up?

Indian consumers’ wallets have been on fire for the past few days due to a severe shortage of vibrant red fruit. Retail prices for tomatoes have increased to Rs 80–120 per kilogram, while wholesale prices have increased to Rs 65–70. High temperatures, limited productivity, and delayed rainfall across much of the country all play a role in driving up costs. The Reserve Bank of India (RBI), whose job it is to keep inflation under control, has been hit hard by the recent spike in the price of tomatoes, which were selling for Rs 3-5 a kg as recently as May.Read also this: EPFO may delay increased EPS pension by three months: Sources In just two days, the price of tomatoes has doubled. Tomato imports from Haryana and Uttar Pradesh, two nearby states, have decreased. The tomatoes we use today come all the way from Bangalore. The recent rains have harmed the ground-level tomato plants. Ashok Ganor, a wholesale market vendor in Delhi, claimed that only the tomatoes grown

By mediology 10:54 AM Jun 27, 2023 IST

Indian consumers’
wallets have been on fire for the past few days due to a severe shortage of vibrant red fruit. Retail prices for tomatoes have increased to Rs 80–120 per kilogram,
while wholesale prices have increased to Rs 65–70.

High temperatures,
limited productivity, and delayed rainfall across much of the country all play
a role in driving up costs. The Reserve Bank of India (RBI), whose job it is to
keep inflation under control, has been hit hard by the recent spike in the
price of tomatoes, which were selling for Rs 3-5 a kg as recently as May.

In just two days, the
price of tomatoes has doubled. Tomato imports from Haryana and Uttar Pradesh,
two nearby states, have decreased. The tomatoes we use today come all the way
from Bangalore. The recent rains have harmed the ground-level tomato plants.
Ashok Ganor, a wholesale market vendor in Delhi, claimed that only the tomatoes
grown vertically with the use of wires had survived the flood.

Farmers were influenced
sufficiently by the low price to stop working the fields, which led to poor
harvests. Since the rates were
not profitable, farmers did not apply pesticides or fertilizers. According to
Ajay Belhekar, a tomato farmer in Maharashtra’s Narayangaon belt, which
supplies to Gujarat, Rajasthan, and Kolkata and is now receiving inquiries from
Delhi due to a rise in pest and disease prevalence, this has led to a decline
in production.

High prices may or may
not persist into the foreseeable future. They can relax now that harvesting has
begun in numerous new areas. If it rains extensively in Himachal Pradesh and
other growing areas, though, prices may be steady, Ganor added. Media outlets indicate
that farmers moved from seeding tomatoes to planting beans due to the bean’s
high price last year.

It is anticipated that
the shortage will cause menu prices at restaurants and cafes to rise, making
life difficult for customers.

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