fbpx
HomeNewsCentre directs NAFED and NCCF to offer tomatoes at INR 50 per...

Centre directs NAFED and NCCF to offer tomatoes at INR 50 per kg in retail

OYO

OYO to secure $50 Million funding from InCred for global expansion

0
OYO,͏ ͏th͏e ͏hospitality and tra͏vel t͏e͏͏c͏͏h͏ p͏͏l͏at͏fo͏r͏m͏͏,͏͏ i͏͏s set to͏ ͏s͏͏e͏c͏ure $5͏͏0 millio͏n (ab͏out͏ ͏I͏N͏͏R 415 ͏c͏ro͏r͏e)͏ fro͏m͏ ͏f͏in͏an͏cial ͏s͏er͏vices͏͏ ͏provider InCred. A͏ccording ͏͏͏to t͏he...
Samosa Singh

Samosa Singh enters Delhi, opens first outlet at Rajiv Chowk

0
Samosa Singh, a Be͏͏n͏g͏alu͏ru͏-b͏a͏sed quick-service restau͏r͏ant͏ chain, ͏͏has exp͏anded into͏ Delhi with the ͏lau͏͏nch of͏ its first o͏utl͏et at R͏ajiv C͏howk, ͏͏New ͏Delh͏i. Rap͏i͏d E͏xpan͏sion...

In response to the decrease in tomato prices within wholesale markets, the government has instructed the National Cooperative Consumers’ Federation (NCCF) and NAFED to commence retail sales of tomatoes at INR 50 per kilogram starting August 15th.

Coincidentally, the directive coincides with a day when India’s consumer price index (CPI), a measure of retail inflation, surged significantly to 7.44 percent in July. This increase can be attributed to the escalation in food prices, with food inflation experiencing a substantial leap of 11.51 percent. This spike is mainly due to elevated prices of essentials such as tomatoes, cereals, pulses, and dairy products.

Initially, the retail price of tomatoes obtained by NCCF and NAFED was set at INR 90 per kilogram. Subsequently, this price was revised to INR 80 per kilogram starting from July 16, 2023, and further lowered to INR 70 per kilogram beginning July 20.

According to official sources, this recent adjustment to INR 50 per kilogram will provide additional advantages to consumers.

As per the Ministry of Consumer Affairs, Food and Public Distribution, over the past month, the two agencies have acquired a cumulative total of 15 lakh kilograms of tomatoes (until August 13). These tomatoes are being consistently distributed to retail consumers in significant consumption hubs across the nation.

These areas encompass Delhi-NCR, Rajasthan (Jaipur, Kota), Uttar Pradesh (Lucknow, Kanpur, Varanasi, Prayagraj), and Bihar (Patna, Muzaffarpur, Arrah, Buxar).

In recent days, NCCF has notably augmented the volume of tomatoes supplied to retail consumers by strategically deploying mobile vans at 70 sites throughout Delhi, as well as 15 locations within Noida and Greater Noida.

Furthermore, NCCF is consistently engaging in retail tomato sales via the Open Network for Digital Commerce (ONDC) platform.

According to official sources, the government initiated the acquisition of tomatoes from marketplaces in Andhra Pradesh, Karnataka, and Maharashtra. These tomatoes are being distributed concurrently in significant consumption hubs where retail prices have observed the most substantial surge over the past month.

Latest articles

Agritech startup Arya.ag to raise $29 Million funding from Blue Earth Capital

Arya.ag,͏ a͏͏ ͏D͏͏e͏lhi͏ ͏NCR-͏ba͏sed͏ agritech s͏͏tar͏tup,͏ ͏͏i͏s͏͏ ͏p͏lan͏͏ni͏n͏g to ra͏ise ͏$͏2͏͏9͏͏ m͏il͏li͏on͏͏ (a͏bo͏ut͏͏ IN͏R...

Samosa Singh enters Delhi, opens first outlet at Rajiv Chowk

Samosa Singh, a Be͏͏n͏g͏alu͏ru͏-b͏a͏sed quick-service restau͏r͏ant͏ chain, ͏͏has exp͏anded into͏ Delhi with the ͏lau͏͏nch...

Farmley to host first-ever Indian Healthy Snacking Summit

Farmley, a ͏h͏͏ea͏lt͏hy ͏snacking brand, is set ͏to host ͏the first-ever Indian Healthy Snacking...

Zomato shuts down ‘Xtreme’ delivery service, relaunches ‘Legends’ for intercity food delivery

Foodtech g͏͏ia͏n͏t Zomato,͏ ͏in͏͏ ͏͏its on͏͏going serie͏͏s͏ of e͏xp͏͏er͏iment͏s,͏ ͏has͏ ͏͏de͏cided to susp͏e͏nd͏ ͏its...

Related Articles

After McDonald’s, Subway India outlets remove tomatoes from salads and sandwiches amidst soaring prices

As a response to the unprecedented surge in tomato prices, several Subway India outlets...

Amidst inflation concerns, McDonald’s shifts focus to ‘value for money’ menu

Inflation is a cause of concern for many businesses, especially those that rely on...

Indian coffee exports set to soar by 10% in 2024, fueled by global price rally and European demand

India's coffee exports are set to increase by 10% in 2024, driven by a...
× Drop a, Hi?