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Tomatoes hit Rs 100/kg due to farmer strike, floods, GST; kharif produce may bring relief soon

There is no drop in tomato prices in the country. Vegetable prices increased demand to Rs 120 kilo in Mumbai. A PTI report, there were four points of this type since the beginning of June, when tomatoes are sold at around Rs 25 per kg in the Delhi-Region market of the national capital, where rates are now Rs 100 per kg .

Data from the Ministry of Consumer Affairs, the average price of tomatoes stood at Rs 80 per kg on Tuesday in major cities, while the maximum price was 95 Rs. Tomato prices in Delhi were 83 Rs kg, while in Mumbai it was Rs 88, Rs 80 Madras and Calcutta Rs 95, according to government data. In the wholesale market in Vashi in Navi Mumbai, prices range between Rs 60 and Rs 80.

PINGALE Shankar, a trader in the Vashi market, said tomato prices rose because of the shortage. “The farmers’ strike in Maharashtra and the late rains delayed the sowing of the crop. The new crop will take time to harvest,” he said. The Karnataka and Gujarat tomato crop was also delayed and has impacted the tomato supply market, PINGALE said.

Contradicant PINGALE, economist said that the rains were not insufficient of the state. He described the shortage of “human production”, while farmers dumped tomatoes on the street earlier this month, demanding an exemption from agricultural loans and also better supply prices.

The provision of all vegetables was affected, not just tomatoes. Usually about 550 trucks and tempos arrive daily at the Vashi market, carrying vegetables and fruits. Now, it has been reduced to 450 and 500 trucks.

Although the prices of all vegetables except onions and potatoes, increase, too, because it is a very perishable product, said an analyst. Tomatoes for the fastest price increase – a vegetable every day – hit consumers, he said.

The supply crisis is also due to crop damage from heavy rains in several parts of the country, which led to a sharp rise in prices. They indicated that the tax on newly introduced goods and services (GST) Government has allocated the sale and transportation of vegetables. Many traders and wholesalers operating on tens of millions have become accustomed to seeing a small percentage of their income on paper.

“The GST was a pull and affected the supply chain. Wholesalers and drivers are cautious and expect the former business model to continue to function,” said Sachchidanand Shukla, Chief Economist, Mahindra and Mahindra.

“People have done wholesale business and transportation for generations where they could come out showing very little on paper,” Shukla said. But with the GST, they must show tax revenues to benefit from the credit contribution.

The entire fleet of trucks is not on the road and their number was reduced, as PINGALE tipped, as they should also carry the electronic license if they are above Rs 50,000 products. The atmosphere is wait and see.

Major buyers and wholesalers are reluctant to buy cash only products, as income tax services warned people to participate in Rs 2 lakh or more species, saying that the amount of the recipient will be subjected to an equal amount Of penalty.

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