A task force team visited the Kakurgachi VIP market on Thursday morning to address rising concerns over escalating potato prices. After holding discussions with local traders, the team suggested immediate price reductions in response to increased market supply.
Ravindra Nath Kole, chairman of the task force, highlighted that a significant influx of potatoes is arriving in the market. "We expect the prices to drop starting tomorrow, ensuring relief for consumers," Kole stated.
This visit comes amid complaints from residents about soaring vegetable prices. The traders at the Kakurgachi market acknowledged the suggestions from the task force and assured efforts to align prices with the market's increased supply dynamics.
Over the past few weeks, potato prices had surged due to disrupted supply chains and seasonal demand fluctuations. However, Kole’s statement offers a reprieve for consumers struggling with inflated costs.
The task force emphasized the importance of maintaining consistent supply lines to stabilize the market further. They also noted that traders must work collaboratively to prevent artificial price hikes, especially during peak consumption periods.
With fresh supplies already entering the market, the authorities believe the downward price trend will be noticeable across the city in the coming days. Residents are advised to stay updated as the situation unfolds.