Surging onion prices have toppled governments in India. Now there’s a new threat looming for policy makers. Tomatoes. After touting better food management as a reason for record-low inflation during much of the summer, a surge in the costs of vegetables and fruits is causing price pressures to simmer. Tomatoes have been the main culprit so far, as poor transport and a lack of cold storage facilities lead to wastage of as much as 16 per cent of produce each year. Such inefficiencies and India’s 1.3 billion population distinguishes it from the global market, ...
Tomatoes: The new enemy in fight against inflation
Poor transport and lack of cold storage facilities lead to wastage of 16% of tomato produce each yea
Anirban Nag | Bloomberg Last Updated at August 19, 2017 01:00 IST