No rains, prices ‘egg’ up

28th June 2012 08:30 AM

The price of eggs in the state has increased by more than 35 per cent this year due to lack of rain.

This month, the wholesale price of  egg is Rs 3.28 apiece as against Rs 2.40 a month ago. According to the National Egg Coordination Committee (NECC) officials, high input cost and steep rise in prices of vegetables coupled with rainfall deficit have contributed to increase in price. “The input costs for the poultry industry has shot up owing to rainfall deficit,” said  Zonal Chairman (Bangalore) of NECC B R Sainath.

The egg trade in Karnataka has a daily turnover of Rs 8-10 crore. Nearly 1.25 crore eggs are consumed in the state everyday, of which 40 lakh is consumed in and around Bangalore. Around 60,000 eggs are supplied for malnourished children under the Integrated Child Development Scheme (ICDS). Deputy Director In-charge of ICDS N Muni Reddy said,  “There is an upper limit of  Rs 4 for procurement. The funds are released regularly and there is no supply issue,” he added.

A+ A A-
Post a Comment
*
1000 characters left

All comments will be reactively moderated

Disclaimer: The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. Comments are automatically posted live; however, newindianexpress.com reserves the right to take any or all comments down at any time.

Recent Activity

What's Hot?