It is also important to note this development comes at a time when egg prices in India have surged significantly over the past 1 year as per data from the National Egg Co-ordination Committee (NECC)-linked data which reflects 35-40 percent spike in rates over the past 12 months. Reports suggest farm rates are around Rs 7 per egg, while retail rates are around Rs 9. As per LocalCircles’ survey consumers are feeling the pinch in their household budgets. The survey has been conducted in over 67,000 consumers across 287 districts, the survey found that 62 percent of the respondents reported egg prices have been rising by at least 10–50 percent over the past six months. Nearly half also said they had reduced the quantity or frequency of their egg purchases.
