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    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    The Economics of Enchantment: Designing High-Value Agritourism Pumpkin Events

    The Economics of Enchantment: Designing High-Value Agritourism Pumpkin Events

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    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

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    The High-Value Pumpkin: Cultivating Profit Through Variety, Agritourism, and Soil Management

    The High-Value Pumpkin: Cultivating Profit Through Variety, Agritourism, and Soil Management

    From Research Plot to Public Event: The Supply Chain of a Specialty Crop

    From Research Plot to Public Event: The Supply Chain of a Specialty Crop

    Cultivating Excellence: What Makes a Pumpkin Patch the “Best in the Nation”?

    Cultivating Excellence: What Makes a Pumpkin Patch the “Best in the Nation”?

    Beyond the Pie: What Google Trends Data Reveals About Evolving Pumpkin Markets

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    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

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    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    The Economics of Enchantment: Designing High-Value Agritourism Pumpkin Events

    The Economics of Enchantment: Designing High-Value Agritourism Pumpkin Events

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    Cultivating Partnerships: How Agritourism and ESG Strategy Can Build New Markets for Farmers

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    Strategic Subsidy to Value-Added: A Blueprint for Stabilizing Specialty Crop Income

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    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

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    The High-Value Pumpkin: Cultivating Profit Through Variety, Agritourism, and Soil Management

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    From Research Plot to Public Event: The Supply Chain of a Specialty Crop

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    Cultivating Excellence: What Makes a Pumpkin Patch the “Best in the Nation”?

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    Beyond the Pie: What Google Trends Data Reveals About Evolving Pumpkin Markets

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    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

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    The Water Spinach Specialist: A Blueprint for High-Value Specialty Crops and Cooperative Success

    Weathering the Storm: How Vietnamese Farmers and Traders Collaborate to Stabilize the Greens Market

    Weathering the Storm: How Vietnamese Farmers and Traders Collaborate to Stabilize the Greens Market

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    Stavropol’s Borscht Belt: High-Yield Vegetable Harvest Reaches One-Third Completion

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    Yakutia Defies the Odds: Harvest Data Reveals a Surge in Arctic Agriculture

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    Beyond the Subsidy: Unlocking True Productivity Gains in Ugandan Agriculture

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    A Double-Edged Sword: Soaring Chinese Cabbage Imports into Zabaykalsky Bring Heightened Biosecurity Risks

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In India, Vegetables Feel the Heat: Rising Prices Amidst Heatwave Conditions

by Devendra Kumar
May 20, 2024
in News, Retail
0
In India, Vegetables Feel the Heat: Rising Prices Amidst Heatwave Conditions

The scorching heatwave sweeping across various regions of India is anticipated to exacerbate the already soaring prices of vegetables and pulses. Increased demand coupled with limited supplies have caused vegetable prices to surge in recent months, with essentials like potatoes, tomatoes, onions, ginger, and garlic witnessing substantial price hikes, adding to the financial burden on households. Several states in the eastern, northern, and southern parts of the country are experiencing heatwave conditions, with temperatures surpassing 45 degrees Celsius in some areas.

Vegetable inflation has become a highly volatile factor, influenced by unpredictable weather patterns such as heatwaves, erratic rainfall, and pest infestations, leading to supply disruptions and price escalations. While the overall retail inflation dipped to an 11-month low of 4.8% in April, vegetable and pulse prices remained stubbornly high. For instance, garlic and ginger prices experienced triple-digit inflation rates in March, with garlic inflation reaching an annual 110.1% in April and ginger at 54.6%. Potato prices surged by 53.6%, onions by 36.6%, and tomatoes by 41.8%.

Ashok Gulati, Infosys Chair Professor at the economic think tank Icrier, highlighted the continuous rise in vegetable demand amidst sluggish supplies, attributing the price spikes to adverse weather conditions constraining the availability of produce. He suggested investing in research and development to enhance productivity, promote nutritional value, and environmentally friendly cultivation practices. Gulati recommended short-term measures such as liberalizing vegetable imports to alleviate the current scenario.

The Reserve Bank of India (RBI) has indicated that a record rabi wheat harvest is expected to ease price pressures and bolster buffer stocks, offering a potential respite from the ongoing price volatility in the vegetable market.

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