APMC strike continues, vegetable prices soar

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New Delhi: The indefinite APMC strike by wholesale traders of grains, vegetables and fruits has left a marginal impact on prices of necessities on the first day but the situation is likely to get worse.

Retailers said that prices of goods that perish quickly went up by 40 per cent on Friday, the first day of the strike.

The price of beans went up from 14 to 20 rupees overnight, while capsicum and tomatoes that used to cost 16 rupees now cost 22.

Wholesale traders at agricultural produce market committee yards across Karnataka are on strike against the new APMC amendment that allows private companies to run their own market yards and buy goods directly from farmers.

Though farmers' cooperative societies like Hopcoms are rising to meet basic needs, the people may begin to feel the pinch soon.

Protests against companies like Reliance Fresh have also led to fresh fears of a rise in rates of vegetables and fruits.