Tomato, onion prices rise in Delhi on high fuel rates, crop damages in Karnataka, Maha
The prices of vegetables like tomato and onion have increased in Delhi’s wholesale and retail markets, owing to crop damages in Karnataka and Maharashtra due to heavy rainfall and high fuel rates, vegetable traders said on Tuesday. They said the price rise in the wholesale rates of vegetables was between Rs 10 and Rs 15 per kg; while in the retail market, it was around Rs 15-20 per kg.
Vegetable traders indicated that these consumables may get dearer in the coming weeks if a similar situation continues.
Ramesh Sahu, a vegetable trader in Laxmi Nagar, said there has been a rise in the rates of tomatoes and onions.
Cabinet approves Rs 28,655 cr net subsidy on P&K fertilisers for rabi season to benefit farmers; extra subsidy on DAP
The government on Tuesday announced a net subsidy of Rs 28,655 crore on phosphatic and potassic (P&K) fertilisers for the October-March period of this fiscal year to ensure that farmers get nutrients at affordable prices during the rabi sowing season.
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the Nutrient Based Subsidy (NBS) rates for P&K fertilisers for October 2021 to March 2022 period. Rabi (winter-sown) season starts in October.
Under the NBS, the per kg subsidy rates of N (nitrogen) has been fixed at Rs 18.789, P (phosphorus) Rs 45.323, K (potash) Rs 10.116 and S (sulphur) Rs 2.374, according to an official statement.