Vegetable prices shoot up in Delhi, Bangalore

CNN-IBN | Updated Jul 20, 2012 at 09:55am IST

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New Delhi: There has been worrying news that is affecting all households. The prices of vegetables, fruits and pulses have shot through the roof in major metros.

The chief reasons behind such escalating prices are poor production monitoring and abysmal storage facilities which are leading to decay. A shortfall in supply of fruits and vegetables has also made them dearer.

In Mumbai, a kilo of tomatoes costs Rs 25, while in Delhi it has gone up to Rs 60. The prices of pulses, too, have shot up with not enough deterrents against hoarding and speculation being in place. The price of capsicum has one up to Rs 80 per kg from Rs 40 last month.

In Bangalore too, the price of tomato has gone up to Rs 35 from Rs 20 last month.

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Inflation

Posted on May 19, 2013 at 10:40AM IST
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.When the general price level rises, each unit of the functional currency buys fewer goods and services; consequently, in ...

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