How does the Centre plan to tackle the issue of rising tomato prices
The Centre is planning to sell toor dal from buffer stocks as the price of tomatoes shoots up.
- Utilizing buffer stocks: The Centre plans to sell toor dal from buffer stocks to help stabilize tomato prices. This will ensure that there is an adequate supply of tomatoes in the market, thus reducing the demand-supply gap.
- Promoting imports: The government is considering increasing the import of tomatoes to meet the rising demand. By importing tomatoes, it will help bridge the shortfall in supply and prevent further escalation of prices.
- Encouraging local production: The Centre aims to boost local tomato cultivation to enhance domestic supply. This includes providing seeds, fertilizers, and technical assistance to farmers to increase tomato production.
- Cracking down on hoarding: Strict measures will be taken against those hoarding tomatoes to manipulate prices. Surveillance and monitoring will be intensified to ensure fair trade practices and prevent artificial price inflation.
- Market intervention: The government may intervene in the market by importing tomatoes or selling them at affordable prices through outlets like Fair Price Shops to ensure availability at reasonable rates.
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a year ago