Now, tomato prices hit roof; Govt banking on new crops

November 17, 2015 20:39

After onions and pulses, tomato prices have now hit the roof with the rates rising by 50 per cent in just about a month to Rs 62 a kg in Delhi, even as the government said a moderation was likely soon with new crops.

While the tomato prices have gone up in other parts of the country as well, the food and consumer affairs ministry said in a statement that a high-level meeting has been scheduled tomorrow to review the availability and prices of essential commodities and consider measures to be taken.

Tomato prices have increased to Rs 62 per kg in Delhi from Rs 41 per kg a month ago.

Average prices of tomatoes across major cities have risen to Rs 50/kg from Rs 30 a month ago.

"Marginal increase in the prices of onions in the past week and in the prices of tomatoes is largely on account of disruption of supplies from southern states which have witnessed severe, unprecedented rainfall over the last one week.

"These increases are expected to be temporary and normal supplies should resume soon. The arrivals of the new crops of tomatoes are expected to ease prices", an official statement said.

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