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Vegetable prices to remain hiked until June due to high temperatures
Updated On: 26 April, 2024 03:30 PM IST | New Delhi | mid-day online correspondent
India is one of the most climatically vulnerable countries, faces increasing risks to vegetable production and prices due to extreme weather conditions such as heat waves, flooding, and storms
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Consumers across India will have to pay higher prices for vegetables till June due to above-normal temperatures. A report by CRISIL states that this trend, driven by erratic weather patterns and climate change, highlights the vulnerability of vegetable prices to environmental factors. The report further states India as one of the most climatically vulnerable countries, faces increasing risks to vegetable production and prices due to extreme weather conditions such as heat waves, flooding, and storms. Rising temperatures further exacerbate pest problems, adding to the challenges faced by farmers and consumers alike.
The report also mentions that despite attempts by stakeholders to address the issue through various measures like creating buffer stocks and importing vegetables, the perishable nature of vegetables limits the effectiveness of such solutions. Additionally, India does not have adequate infrastructure such as cold storage facilities which further complicates the efforts to stabilize prices.
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