Aug 10, 2023
By: Katya Naidu
Credit: Pixabay
Tomato prices in India have been in the stratosphere for a while and gone above ₹200 per kilo in the last few weeks. Finance Minister Nirmala Sitharaman said in Parliament on Thursday that steps are being taken to manage it.
Credit: Pixabay
Tomatoes are being imported from Nepal, and they will reach cities like Lucknow, Varanasi, and Kanpur soon, the FM said in her speech.
Credit: IANS
Tomatoes are being procured from Maharashtra, Karnataka, and distributed in Delhi, Bihar, UP, WB and Rajasthan through National Agricultural Cooperative Marketing Federation (NAFED) and other co-operatives.
Credit: Pixabay
The National Cooperative Consumers' Federation (NCCF) is planning a mega sale of tomatoes in Delhi NCR region at subsidised rate of ₹70 per kilo in the coming weekend, FM said as per PTI.
Credit: Pixabay
In the last few weeks, the price of pulses and cereals have also shot up. Sitaraman said that tur dal is being imported from Mozambique and urad dal will be imported from Myanmar.
Credit: Pixabay
Amidst concerns that onion prices might go up soon, FM Sitharaman said that three lakh tonnes of onions have been procured to create a buffer stock.
Credit: Pixabay
Vegetable prices may see a significant correction after a few months, said RBI governor Shaktikanta Das in his monetary policy committee speech on Thursday.
Credit: IANS
RBI’s monetary policy committee has increased its inflation forecast for the current financial year. Between July and September (Q2), CPI is expected to rise to 6.2 percent.
Credit: Pixabay
RBI also sees inflation for 2023-24 going up to 5.4 percent as opposed to 5.1 percent it has forecast in the previous policy.
Credit: IANS