HomeNewsBusinessNCCF, NAFED to sell tomatoes at Rs 40 per kg from August 20

NCCF, NAFED to sell tomatoes at Rs 40 per kg from August 20

Initially, the subsidised rate was fixed at Rs 90 per kilogram which had been successively reduced in line with the decline in prices

August 18, 2023 / 18:45 IST
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NCCF and NAFED are procuring tomatoes from mandis in Andhra Pradesh, Karnataka and Maharashtra
NCCF and NAFED are procuring tomatoes from mandis in Andhra Pradesh, Karnataka and Maharashtra

Cooperatives NCCF and NAFED will start selling tomatoes at a reduced rate of Rs 40 per kilogram from August 20 amid declining price of the kitchen staple in wholesale and retail markets.

Since last month, the National Cooperative Consumers' Federation of India (NCCF) and National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) have been selling tomatoes at a discounted rate on behalf of the Consumer Affairs Ministry to contain the price rise.

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Initially, the subsidised rate was fixed at Rs 90 per kilogram which had been successively reduced in line with the decline in prices in order to ensure benefits to the consumers.

"The last downward revision of the retail price to Rs 50/- per kg was on August 15, which now stands further reduced to Rs 40 per kg w.e.f. August 20," an official statement said on Friday.