Wednesday, June 15, 2016

Tomatoes at Rs 80 per Kg makes the government see red


Skyrocketing price of tomatoes that are selling at Rs 80 per Kg is making the NDA government see red because the achhe din refuses to emerge from the gloom. Therefore, Finance Minister Arun Jaitley would be reviewing the situation and discuss steps to keep prices of essential commodities, including pulses, in check.
This has been reported in zeenews.india.com dated 15 June 2016.
It is a fact that retail prices of pulses are still ruling high at over Rs 170 per kg. The government seized of the problem and is making efforts to boost supply through its newly-created buffer stock and imports. Tomato prices have doubled to Rs 80 a kg apparently due to the crop damage while price of potato has also been going up. As per the latest WPI data, vegetable inflation has risen sharply to 12.94 percent, from 2.21 percent a month earlier.
Pulse inflation has remained in double digits since January 2015 and stood at 35.56 percent in May.
These are not good news for the government that had promised acche din to one and all and, given the vagaries of nature, it is to be see just how the common man will face such rising prices.
As a result, the finance minister has called for a meeting with ministers and secretaries concerned to discuss prices of essential commodities like pulses and tomato. Urban Development Minister Venkaiah Naidu, Transport Minister Nitin Gadkari, Food Minister Ram Vilas Paswan, Agriculture Minister Radha Mohan Singh and Commerce Minister Nirmala Sitharaman are likely to attend the meeting.


Image courtesy wikimediacommons.org

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