Vegetables: India

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Vegetable- producing states

2018-19

The Top 5 Vegetable- producing states of India, 2018-19
From: March 16, 2020: The Times of India

See graphic:

The Top 5 Vegetable- producing states of India, 2018-19


Prices

How they vary by the season

February 1, 2022: The Times of India


New Delhi: India needs to be wary of imported inflation, especially from elevated global energy prices, the Economic Survey said on Monday, while stating that wholesale price inflation, which has been running in double-digits is largely due to base effects, that will even out.


Inflation has emerged as a major global policy headache with the US and the UK reporting multi-year highs. In India too, price pressures have started building up. Retail inflation is five-month high of 5. 6% in December, while WPI (wholesale) inflation has been in double-digits for the past nine months, despite moderating in December to 13. 6% from 14. 2% in November. Rising global crude oil prices have also posed a risk to the inflation dynamics in India.


The survey said that while seasonality plays a significant role in the case of vegetables, random shocks like untimely rains also have an impact on their availability and prices. “A strong network of cold storage chains well supported by effective transport infrastructure is needed to stabilise the prices of such perishable commodities. ”

It said both seasonal as well as shock components contribute tospikesof tomato and onion prices and added that seasonality in prices, resulting from seasonal production patterns, requi- res policy attention.

Referring to the divergence between retail inflation and WPI, the survey said it is due to a number of factors, which include variations due to base effect, difference in scope and coverage of the two indices, their price collections, items covered and difference in commodity weights. “With the gradual waning of base effect in WPI, the divergence in retail inflation and WPI inflation is also expected to narrow down. ”

It said average retail inflation, which was 4. 8% in 201920, inched up to 6. 2% 2020-21, on account of Covid-19 related supply chain disruptions and stalled economic activity due to the lockdown. Since July 2021, retail inflation has been well within the tolerance band of targeted limit of 4% plus/minus 2% set by the government for April 1, 2021 to March 31, 2026.

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