How did Veg Thali become 11% costlier in a month, which vegetables spoiled the budget?

by times news cr

2024-08-06 21:23:10
New Delhi: Homemade food has become expensive in July. Vegetarian or Veg Thali has become 11% more expensive. At the same time, the price of non-veg thali has increased by 6%. This is revealed by a report of Crisil. It has been told in this report that the cost of home food has increased due to the increase in the price of vegetables like onion, tomato and potato. Crisil’s report says that out of the 11% increase in the price of vegetarian thali, 7% has happened only due to the increase in the price of tomato. The thali has also become expensive due to the increase in the price of onion by 20% and the price of potato by 16%. The report further states that tomato which was sold at Rs 42 per kg in June, became 55% more expensive in July and was sold at Rs 66 per kg.
However, according to Crisil, the price of a vegetarian thali in July 2024 was Rs 32.6, down 4% from last year. The price of a non-vegetarian thali also fell by 9% to Rs 61.4 compared to last year.

Onion and potato spoiled the game

The report states that the reason for the fall in the price of vegetarian thali is the 40% reduction in the price of tomatoes. In July 2023, tomatoes were selling for up to Rs 110 per kg. The report further states that the price of vegetarian thali could have been even lower, but the increase in onion prices by 65% ​​and potato prices by 55% did not allow this to happen.

The fall in the price of non-vegetarian thali is due to the 11% fall in the prices of broiler chicken. Last year the prices of broiler were very high, hence the fall this year.

The price of non-veg thali increased at a slow pace

According to the report, on a month-on-month basis, the price of non-vegetarian thali has increased at a slower pace than vegetarian thali. The slow increase in the price of non-vegetarian thali is due to the stability in the prices of broiler. Broiler accounts for more than 50% of the total price of non-veg thali.

The report said that the main reason for the increase in tomato prices was high temperatures affecting the summer crop in major states like Karnataka and Andhra Pradesh. Prices also rose due to less rainfall in Karnataka in May. This increased the infestation of whitefly and affected crop production.

There is little chance of reduction in tomato prices

Earlier this week, it was reported that due to heavy rains in Himachal Pradesh, tomato prices may increase drastically in the near future. According to traders at Azadpur Mandi, the region supplies to many markets in North India. Due to heavy rains, there is a possibility of crop damage and road blockages. This will affect the supply chain.

To control the rising prices of tomatoes, the National Consumer Cooperative Federation of India (NCCF) started selling tomatoes at Rs 60 in Delhi and Mumbai after the price crossed Rs 100. Later the price was further reduced to Rs 50. This led to a fall in retail market prices. The increase in onion prices is due to low production in the Rabi season. While the increase in potato prices is due to late blight disease in Punjab, Gujarat and Uttar Pradesh.

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