Chilli Rates: Sometimes spices, sometimes vegetables and sometimes edible oil, one or the other item has been spoiling people’s kitchen budget for a long time. After garlic, now the prices of red chilli have started spoiling the kitchen budget. A significant increase has been recorded in the prices of dry red chilli. An increase of 20 to 25 percent has been recorded in the rates of chilli. According to various reports, due to this situation, farmers in the states where red chilli is cultivated more will get huge profits.
According to various media reports, farmers of major red chilli producing states like Andhra Pradesh, Telangana and Karnataka will get the benefit of rising chilli prices. Because of this their income will also increase. Also, at present the price of dry red chilli in the mandis ranges between Rs 150 per kg to around Rs 190 per kg. According to reports, due to Cyclone Michuang last year, there was huge damage to the red chilli crop in Andhra Pradesh and Telangana.
Expected decline in production
At the same time, due to lack of much rain in Karnataka, its cultivation has been affected. Due to which, despite the increase in the area of red chilli, a decline in the production of red chilli is expected. This is the reason why the rates have increased due to its demand and strength in exports. India’s red chilli crop is estimated to exceed 20.59 lakh tonnes during 2022-23, with Andhra Pradesh leading in production, followed by Telangana and Madhya Pradesh.
Also read- After all, why are the prices of garlic increasing? The figure of Rs 300 may also be crossed soon.