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Rain damage to crops cause vegetable price surge in Gujarat

by TLAteam October 21, 2024October 21, 2024
written by TLAteam October 21, 2024October 21, 2024
Rain damage to crops cause vegetable price surge in Gujarat

Due to heavy rains in Gujarat, farmers have faced heavy losses with their crops. As a result, vegetable prices are soaring.

Business News

In many districts of Gujarat, seasonal rainfall has exceeded 100%, and certain areas are still receiving rain, causing damage to the crops.

The heavy rains have led to a shortage of vegetables in the market and rise in price. For example, the price of tomatoes has surged to ₹120 per kg, while onions are priced at ₹70, ginger at ₹140, and potatoes at ₹50 per kg.

Before the festivities of Diwali, the surge in prices are likely to break the budget for many households.

Before this, the cost of veg thali had increased by 11% in the month of July as ingredient prices went up. However, year-on-year, the cost of a representative home-cooked veg thali declined by 4% in July.

A total 7% out of the 11% rise in the cost of the veg thali can be attributed to only tomato prices, which zoomed 55% month-on-month from ₹42 per kg in June to ₹66 per kg in July, and now has crossed the three-figure mark.

A constant rise in the price of vegetables over the months has been noticed all over India.

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