Vegetable prices soar in Hyderabad as rains damage crops

Image
ANI General News
Last Updated : Oct 10 2019 | 2:20 PM IST

Vegetable prices in Hyderabad, Telangana are increasing drastically as heavy rains have damaged crops and caused a supply shortage, local vendors say.

Lingam, a local vegetable vendor is forced to sell vegetable at almost six times the original price due to the recent rains which have hit the supplies.

"Two weeks ago I sold tomatoes for Rs 8 or Rs 10 and today I am selling the same tomatoes for Rs 60. Heavy rains have damaged the cropped fields. Instead of ten lories, only two are approaching the markets. We are purchasing it for Rs 50 from the wholesaler, and selling them for Rs 60 to the retailer. Same goes with the prices of onions too. We sold it for Rs15 a few days ago and now we are selling it for Rs 60," said Lingam.

Lingam further stated that the other cause of the soared prices is the Telangana State Road Transport Corporation (TSRTC) strike due to which the farmers, who sell vegetables in small quantity, are unable to commute and reach the market from far away villages. In such a situation, the farmers are left with only one option to travel via private lories which are already in high demand right now.

Sarvesh, a Senior Citizen told ANI, "Today the tomato price is Rs 40 to Rs 60 depending upon the quality and Soon the prices will rise up to Rs100 if this situation continues. How will the pensioners and old people buy such expensive vegetables? The prices are raising day by day."

The hiked vegetable prices have put consumer budgets in disarray as the prices have suddenly hiked within two days here. (ANI)

drastically as heavy rains have damaged crops and caused a supply shortage, local vendors say.

Lingam, a local vegetable vendor is forced to sell vegetable at almost triple the original price due to the recent rains which have hit the supplies and the RTC strike.

"Two weeks ago I sold tomatoes for Rs 8 or Rs 10 and today I am selling the same tomatoes for Rs 60. Heavy rains have damaged the cropped fields. Instead of ten lories, only two are approaching the markets. We are purchasing it for Rs 50 from the wholesaler, and selling them for Rs 60 to the retailer. Same goes with the prices of onions too. We sold it for Rs15 a few days ago and now we are selling it for Rs 60," said Lingam.

Lingam further stated that the other cause of the soared prices is the Telangana State Road Transport Corporation (TSRTC) strike due to which the farmers, who sell vegetables in small quantity, are unable to commute and reach the market from far away villages. In such a situation, the farmers are left with only one option to travel via private lories which are already in high demand right now.

Sarvesh, a Senior Citizen speaking told ANI, "Today the tomato price is Rs 40 to Rs 60 depending upon the quality and I don't doubt about the prices rising up to Rs100 if this is the situation right now. How will the pensioners and old people buy such expensive vegetables? The prices are rising day by day."

He further added that Hyderabad is considered to be Pensioners Paradise but it has become so costlier than any other place, which makes difficult for them to buy expensive vegetables.

The hiked vegetable prices have put consumer budgets in disarray as the prices have hiked within two days here.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 10 2019 | 2:09 PM IST

Next Story