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Vegetable Prices Fall 240 Percent after Easing of Prohibitory Order

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Vegetable Prices Fall 240 Percent after Easing of Prohibitory Order
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August 16: The prices of green vegetables have taken a nosedive by as much as 240 percent. According to the daily price list provided by the Kalimati Fruits and Vegetables Market Development Committee, the prices of vegetables including bitter gourd, bottle gourd, pumpkin, cucumber and lady’s finger have dropped sharply in the last one month. The prices have come down due to an increase in import of vegetables in Kalimati after the prohibitory order was eased.

The wholesale price of bitter gourd, which was Rs 85 per kg on July 14, has come down by 240 percent to Rs 25 per kg in a span of a month. The price of beans, which was Rs 115 per kg earlier, has come down by 228 percent to Rs 35 per kg. The price of sponge gourd, which was being sold at Rs 75 per kg, has also declined by about 200 percent and is being sold at Rs 25 per kg.

Among the vegetables that have come down in price include yardlong beans, lady’s finger, bottle gourd, sponge gourd, white radish and chayote. During this period, the price of yardlong beans has decreased by about 115 percent from Rs 75 per kg to Rs 35 per kg.

Similarly, the price of lady’s finger has also declined by about 130 percent from Rs 55 to Rs 24 per kg.

According to Gita Prasad Acharya, president of the Kalimati Fruits and Vegetables Market Entrepreneurs Committee, the import of vegetables in Kalimati has almost doubled since the time of the prohibition. He told New Business Age that prices have fallen due to higher imports and lower consumption. He informed that the consumption of green vegetables has also decreased due to the closure of hotels, restaurants, party palaces and other places.

According to the committee, the daily arrival of 300 to 400 metric tons of vegetables during the prohibition period has increased to 700 to 800 metric tons at present. The committee said that the import of Indian vegetables has also declined due to the increase in vegetable production in Dhading, Nuwakot, Chitwan, Makwanpur, Kavre and Sindhupalchowk districts. According to the committee, only about 10 percent of the total vegetables entering Kalimati are imported from India.

 

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