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Home > News > India News > Article > Veggie prices to dip another 10 per cent

Veggie prices to dip another 10 per cent?

Updated on: 27 July,2010 09:27 AM IST  | 
Vivek Sabnis |

Rajashri Nirgudkar is all smiles. "I'm planning a small get-together for the family. It'll be a treat," the 45-year-old homemaker, a Kasba Peth resident, told MiD DAY yesterday.

Veggie prices to dip another 10 per cent?

Rajashri Nirgudkar is all smiles. "I'm planning a small get-together for the family. It'll be a treat," the 45-year-old homemaker, a Kasba Peth resident, told MiD DAY yesterday.

Nirgudkar', like many other Punekars, is celebrating the onset of the monsoon and the bounties it has showered.
"Khup mahagai zali hoti," she said. "I had to cut corners because of high vegetable prices. Now, even prices of exotic vegetables have gone down."

With the monsoon arriving in Pune, the municipal corporation, which earlier decided to impose a 50 per cent water cut, now plans to limit it to 25 per cent.

And there's more. The prices of vegetables, which had risen drastically, have fallen. Not to mention fringe benefits like a pleasant change in the weather.

Vegetable markets are flooded with a good supply as .production has improved with the onset of rain.

"This year, the rain seems promising as compared to last year," said Ankush Konde, president of the vegetable section of Agricultural Produce Market Committee, Pune. "Profits do dip for the retail market. We see a fall in daily profits from Rs 12 crore to Rs 8 crore, but it's good news for consumers."

Member of the Vegetable Market Association, Satish Sangale, was a notch more optimistic. "If it continues to rain like this, it is quite likely that vegetable prices could fall further by 10 per cent," said Sangale.

And, among veggies, the king of the season seems to be green peas. Truckloads of peas have flooded the Market Yard at Gul Tekdi area from the neighbouring interiors of Pune district and from Karnataka. "The price of matar has gone down by 50 per cent." said V K Ghule, head of the Fruit and Vegetables, APMC.




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