Stating that and price offered by traders is not enough to recover costs, farmers have appealed to the state to announce a minimum support price for tomatoes.
The rising costs affected both vegetarian and non-vegetarian thalis, with the former experiencing a 24% rise and the latter seeing a 13% increase year-on-year.
Price of the vegetable started to cool down as the produce began to arrive from Anantapur.
The cost of a non-vegetarian thali rose 13 per cent year-on-year, the report said.
APMC Secretary Vijaya Lakshmi said the market was getting 60,000 to 70,000 boxes per day two months ago, but on Sunday, it received 1,18,974 boxes, and each crate was sold at Rs 100-240.
With gradual increase in arrivals for the past two weeks, tomatoes traded at Rs 38 per kilo at Madanapalle market
This 2 LMT will be added above the current 23.5 LMT already allocated for the month of August, 2023.
Traders sought a mechanism to ensure that farmers are not affected as prices are expected to dip further with an increase in arrivals.
“The uptick in inflation in its June reading mutated in July, with the unprecedented shock to tomato prices spilling over to prices of other vegetables," said the RBI’s recent monthly bulletin.
The uptick in inflation in its June reading mutated in July, with the unprecedented shock to tomato prices spilling over to prices of other vegetables, said the article on 'State of the Economy'.
The burger franchise has operated across India since 2014, replacing its usual lineup of beef burgers with an assortment of chicken and vegetarian substitutes.
This was based on what was seen as a successful government intervention to cool down food prices and push up the availability of onions and tomatoes.
India is importing tomatoes for the first time due to high retail prices of around Rs 242 per kg amid supply disruptions caused by heavy rains.
The increase in demand and poor supply led to tomato prices going through the roof from Rs 60 to Rs 200 per kilo at the wholesale market in a matter of 20-25 days.
The state is all set to organise Jharkhand Tribal Festival-2023 on August 9-10 to mark International day of the World’s Indigenous People,
Retail prices of tomatoes continue to hover between I135 & I150 per kg; KHRA seeks government intervention
The kitchen staple is being sold at Rs 90-Rs 100 in wholesale markets
Finance Minister Nirmala Sitharaman said the government is taking emergency measures to bring down prices, including anti-hoarding measures and the release of buffer stock
The steep rise in tomato prices was attributed to a slump in supply triggered by weather conditions not favourable for cultivation across the country.
Wholesalers say supplies cut drastically; normalcy likely in a month