Retailers are selling vegetables at more than 48.8% of wholesale prices and even in some centres selling prices are at more than 51%. |
The ASSOCHAM study of 33 ‘Mandies’ in India has revealed that during April-June 2014, the gap between the wholesale and retail prices of vegetables has increased by 80% whereas retail prices in ten centres has been to the extent of 30%.
Releasing the study, the associated chamber of commerce and industry of India (ASSOCHAM) says, it was also observed that on an average, retailers are selling vegetables at more than 48.8% of wholesale prices and even in some centres selling prices are at more than 51%.
ASSOCHAM Secretary General Mr D.S. Rawat said, the analysis are based on the wholesale price of vegetables and retail price of vegetables in the different markets in India. Wholesale price indicates the price at which retailers are buying from different markets and retail price is the price at which consumers are buying from retailers.
The essential vegetables incorporated in the study are “Bitter gourd, Brinjal long, Brinjal round, Cabbage, Cauliflower, Garlic, Ginger, Chilly, Okra, Onion, Peas, Potato fresh, Potato store, Tomato hybrid and Tomato local”, added Rawat.
The study has observed that most of the vegetables arrival have recorded declining trend except local tomato, potato fresh and onion (noticeably onion price during 2013-14 has recorded life time high).
Onion arrival grew at a rate of 13.0 percent during 2013-14 followed by tomato local grew at a rate of 7.9 percent and potato fresh arrival grew at a rate of 6.2 percent. Okra and Cauliflower arrival have recoded marginal growth rate of 0.4 percent and 1.9 percent during the same period, mentioned the study.
Releasing the study, the associated chamber of commerce and industry of India (ASSOCHAM) says, it was also observed that on an average, retailers are selling vegetables at more than 48.8% of wholesale prices and even in some centres selling prices are at more than 51%.
ASSOCHAM Secretary General Mr D.S. Rawat said, the analysis are based on the wholesale price of vegetables and retail price of vegetables in the different markets in India. Wholesale price indicates the price at which retailers are buying from different markets and retail price is the price at which consumers are buying from retailers.
The essential vegetables incorporated in the study are “Bitter gourd, Brinjal long, Brinjal round, Cabbage, Cauliflower, Garlic, Ginger, Chilly, Okra, Onion, Peas, Potato fresh, Potato store, Tomato hybrid and Tomato local”, added Rawat.
The study has observed that most of the vegetables arrival have recorded declining trend except local tomato, potato fresh and onion (noticeably onion price during 2013-14 has recorded life time high).
Onion arrival grew at a rate of 13.0 percent during 2013-14 followed by tomato local grew at a rate of 7.9 percent and potato fresh arrival grew at a rate of 6.2 percent. Okra and Cauliflower arrival have recoded marginal growth rate of 0.4 percent and 1.9 percent during the same period, mentioned the study.
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