Egg price has suddenly raised upto 40%, that is single egg costs Rs 7 to Rs 7.50. The eggs rate was suddenly raised due to low productivity. Poultry Federation of India President Ramesh Katri had said this to the reports.
Egg Prices Hiked by 40% to Rs 7.5 per Piece Due to Low Production
The rate increase in eggs will continue for further more months. The egg production is 25 to 30% was lowered. Due to this the egg prices raises much.
“Egg prices have increased significantly as many poultry farms have reduced production for the current year because they did not get better rates last year,” Katri told to a report.
The wholesale egg prices were Rs 3.50 to Rs 4 per piece in the domestic market. Due to high productivity of eggs the rate was lowered during 2016-17.
Because of the misfortunes a year ago, apprehensive of getting lower rates again and dread of creature welfare activists, many have chopped down their production and some have closed their poultry ranches, he clarified.
Egg costs in retail markets in the national capital are administering at Rs 7-7.50 for every piece, up from Rs 4-5 a year ago, as indicated by trade data. A comparative circumstance wins in different urban areas too the nation over. Egg creation was around 83 billion out of 2015-16 and it stayed higher in 2016-17 too, the Government data appeared.