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Scanty rain in India raised the cost of food in the Emirates

August 8, 2012 5:46 PM |

New Delhi, Wednesday, August 8, Shoppers across the Emirates are in jittery over the less rainfall in India this monsoon which has led to rise in the price of Indian exported fruit and vegetable to the Emirates. Emirates are the biggest importer of edible products from India.

 

The products exported from India to the Emirates are Mangoes, green vegetables, potatoes, pulses, rice and onions. According to the Agricultural & Processed Food Products Export Development Authority (ADEPA)  the UAE accounted for almost 62 percent of fresh Mango and 9.5 percent of total fresh onions exports from India in the financial year 2010-11.

 

In the Emirates, the government controls the price of essential commodities and retailers do not have the privilege to pass on the rising costs to consumers and during the month of Ramadan, retailers are bound to keep prices as low as possible. But, the prices of fruits and vegetables in a supermarket in the Emirates have soared up by 10 to 15 percent compared with the last two months. Scanty rain has led to the risk of drought marring agricultural industry in India. It has also added to rising food prices in the country as well as export market in the Emirates.






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