Garlic Rs 300, Ginger Rs 200 per kg, Peas Rs 100 per kg, are these vegetable rates in your city ?

The Reserve Bank of India (RBI) has initiated a three-day meeting of the monetary policy committee.

These meetings, held bi-monthly, aim to determine the central policy rates and interest rates for banks. The decision to adjust interest rates will be made considering the prevailing inflationary conditions.

The credit policy deadline is set for December 8. Many financial analysts expect that the RBI will maintain the current interest rates during the credit policy announcement.

Due to favourable retail and wholesale inflation figures from the previous month, it is projected that RBI Governor Shaktikanta Das will not need to implement any rate hikes.

The current situation presents a different perspective. The increasing costs of vegetables in the local retail market are significantly burdening the finances of ordinary individuals. For example, tomatoes are being sold at a rate of Rs 60 per kg in retail markets. Similarly, the price of peas is approximately Rs 100 per kg, and the average cost of onions is Rs 60 per kg.

According to their calculations, the average prices of nearly all vegetables have been set at Rs 15-20 per kg. They believe that the prices of tomatoes, peas, and onions have slightly decreased compared to the festive seasons of Durga Puja and Kali Puja, but they are still higher than the usual rates. This also applies to garlic and ginger. The task force, which regulates the prices of essential food items in the retail market, has provided this information.

In Kolkata, the price of garlic is Rs 300 per kg, whereas ginger is priced at over Rs 200 per kg.

The escalating prices of ginger and garlic have become a significant concern for both the general public and the government, as they are essential ingredients in Bengali cuisine.

According to the task force members, the escalating prices of vital commodities persist in the retail markets of Kolkata. This is primarily due to the inadequate production of these items within the state.

A task force member stated that since these products rely on supplies from other states, their prices increase whenever there is a shortage in the supply.