Vegetable prices have shot up significantly due to unseasonal rains. Tomato prices in Bhiwani and Haryana have spiked to up to Rs 40 per kg from Rs 20 per kg earlier. Unseasonal rains and inclement weather have led to a surge in vegetable prices, a vegetable seller in Bhiwani said.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The seller added that the prices of ginger and lemon have increased from Rs 100 to Rs 160, while chilly prices have soared to Rs 120 per kg, which was earlier sold at Rs 80.

On the other hand, the customers said the crops of the farmers have been ruined, and now it's pinching the common man's pocket as the prices of many essential vegetables have doubled.

Mango prices: Will the common man enjoy 'King of Fruits' this summer?

A senior official of the Indian Council of Agricultural Research has said that due to unseasonal rains, hailstorms, and strong winds, the mango crop in the country has been damaged by up to 20 per cent.

Many mango growers said that there has been a heavy loss in North India.

Also read- Stock market holiday: NSE, BSE will be shut for five additional days in next five weeks

India is a major mango-producing country, contributing about 42 per cent of the world's production.

For the past few days, unseasonal rains, hailstorms, and strong winds due to a western disturbance have affected both food grains and horticulture crops in some parts of the country.

AK Singh, Deputy Director General (Horticulture), Indian Council of Agricultural Research (ICAR), said, "At first, there was no damage due to unseasonal rains, but subsequent rains and hailstorms have badly affected the mango crop. At present, we are estimating the total loss to be around 20 per cent.

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com