Average retail price of tomatoes in India down 39% over last month

The all-India average retail price of tomato registered a 29 percent drop over last month as market arrivals improved with the onset of monsoon rains, the Consumer Affairs Ministry said on July 19th. The retail price of onion is also largely under control at 9 percent below last year's level, it said in a statement.

According to the ministry's data, all-India average retail prices of tomatoes were ruling lower at Rs 37.35 per kg on Tuesday, the 19th of July, when compared to Rs 52.5 per kg one month ago. Whereas all-India average retail prices of onion were at Rs 25.78 per kg on Tuesday, the data showed.

According to the ministry, the government has built up a reserve stock of 250,000 tons of onions in the current year, which is the highest ever onion buffer stock procured.

[ Rs 1001 = €1.20 ]

Source: newindianexpress.com

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