Tomoato price skyrocketing; to guard the shops, vendors deploy armed people

July 23, 2017, 1:10 pm
Tomoato price skyrocketing; to guard the shops, vendors deploy armed people
BUSINESS NEWS
BUSINESS NEWS
Tomoato price skyrocketing; to guard the shops, vendors deploy armed people

Tomoato price skyrocketing; to guard the shops, vendors deploy armed people

In the wake of soaring tomato prices, vendors in a vegetable market of Madhya Pradesh’s Indore city has deployed securities with arms to protect their produces. The decision came after several cases of theft of vegetables reported with tomato prices’ skyrocketing.

The sellers now, to safeguard the expensive vegetable, have deployed security guards.

However, it is not only Indore, as similar incidents of tomatoes being stolen have been reported from other parts of the nation as well. Approximately 300 kilograms of tomatoes were stolen from the vegetable market in Mumbai's Dahisar earlier this week on 20 July. The tomatoes were worth Rs 70,000.

Reportedly, the police have registered a case in the regard and are investigating the matter.

Since past few weeks, the prices of tomatoes have tremendously increased owing to crop damage in producing states. The government has asserted that it is keeping a close watch on price movements.

Tomatoes, in various parts of the nation, are still being sold at Rs 100-120 per kilogram. Retailers blame the ongoing active monsoon conditions and sluggish output at farms for ruining tomato supplies.

Even French beans are being sold at Rs100-120 per kg in the retail market, mainly due to a lack of produce in the wholesale market.

However, improved production is supposed to bring down tomato prices from mid-August and September.