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HindustanTimes Fri,29 Aug 2014

Vegetables get cheaper, as supply to local markets increase

G Mohiuddin Jeddy, Hindustan Times  Navi Mumbai, January 13, 2013
First Published: 00:55 IST(13/1/2013) | Last Updated: 00:56 IST(13/1/2013)

As Mumbaiites prepare to adjust monthly budgets owing to rising train and bus fares and an expected LPG and diesel price hike, some respite is headed their way thanks to a fall in vegetable prices.

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The drop in temperature has increased the supply of vegetables to Vashi’s wholesale Agricultural Produce Market Committee (APMC) market, causing a subsequent fall in prices. As compared to early December, prices of some vegetables have fallen as much as 30-40%.

Vegetables in abundant supply include lady’s finger, capsicum, cabbage, potato and green peas causing their prices to drop drastically.

Avinash Patil, deputy secretary, APMC market said, “The number of vehicles with vegetables, arriving at the market has increased substantially. While in December about 450 to 475 vehicles came to the market every day, this figure stands between 550 and 575.”

Patil added, “This excess supply has forced prices to come fall and this trend is expected to continue in February as well.”

To explain the situation better, Patil used the example of green peas. “Green peas grow in abundance in winter, providing fresh and affordable stock for consumers. There are 60-65 vehicles of green peas that arrive at the market from Jabalpur, other parts of Madhya Pradesh and Uttar Pradesh every day. This has lowered the current price of green peas to Rs. 16-20 a kg in the wholesale market, and Rs. 25 a kg in retail market.”

Pradeep Gupta, a vegetable vendor at sector 9 market, Vashi said, “Owing to favourable vegetables do not perish quickly and hence wastage is lesser.”

Gupta added, “Festivals, such as makar sankranti, do affect prices but it is a temporary rise. On the whole, prices have seen a decline and should continue for a month.”

Residents are pleased at having to shell out lesser. Sadhana Hampras, Kopar Khairane resident  said, “With the steady rise on cost of living thanks to spiralling inflation, this fall in vegetable prices will provide much-needed respite to the common man.”


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