- Edited and Published by S.K Nair Director Edutech Foundation - Bangalore
The closure of K R Market and trouble for vendors have led to a crash in wholesale vegetable prices in Bengaluru but retail prices seem to vary in different areas. Prices of some vegetables have crashed in retail markets too. Tomato prices have come down from Rs 20 to Rs 10 per kg. Beetroot is sold at Rs 30 (previous price Rs 40-50), Capsicum Rs 30 (Rs 50), Brinjal Rs 30 (Rs 40), carrot Rs 30 (Rs 69) among others.
The price varies from one area to another. For instance, Potato rates in Gayatrinagar have remained at Rs 30/kg while consumers in neighbouring Malleswaram have to pay Rs 40/kg while potato prices have gone up by Rs 10/kg to Rs 40.
As per reliable source 40% of the produce in the market has remained unsold. Prices have crashed in the last 15 days. The only exception is beans rates is quite high due to short supply. Kalasipalyam Wholesale Vegetable Traders Association president Anand Giri said the closure of KR Market had dealt a major blow as half the trading has come down. "Space has been provided at two places but trading is very poor. An official in the Horticulture Department agreed that wholesale prices had come down" Vegetable price is hard to regulate, especially at a time when the demand has fallen by 25% to 30% due to the closure of hotels and other establishments.
As farmers' earnings becoming meagre sowing for the next two months will come down. Then we may have to face the real shortage of supply and hike in prices.
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