Friday, March 29, 2024

Apps

More
    HomeTelanganaFarmers in Mahabubnagar Concerned about Insufficient Support Price Assistance

    Farmers in Mahabubnagar Concerned about Insufficient Support Price Assistance

    Related stories

    KK’s exit to deliver another blow to Hyderabad’s BRS

    The BRS is facing a crisis as senior leader...

    District Collector urges Mulugu to achieve highest voting percentage

    The Collector of Mulugu district, Ila Tripati, urged everyone...

    Cong leaders criticize KTR’s comments about Revanth

    Congress leaders in Warangal lodged a complaint against K...

    Cotton farmers in the Palamuru region of India are facing a challenging situation as market prices for cotton have drastically decreased over the past two months. Many farmers are holding onto their stocks, hoping for prices to increase to a more profitable level. This year, cotton crop was sown over a record extent of 9.18 lakh acres, compared to a normal area of 7.8 lakh acres, due to high prices last year. The Cotton Corporation of India (CCI) bought cotton at Rs 6,380 per quintal last year, while the open market price jumped to Rs 9,000-10,000 per quintal. However, untimely rains and adverse seasonal conditions brought down this year’s harvest to around 50 lakh quintals, far short of the expected 84 lakh quintals.

    Also read:  Sunitha, Sakhi Coordinator, leads seminar on Prevention of Sexual Harassment Act (POSH)

    During the initial harvesting days, good quality cotton fetched up to Rs 10,000 per quintal, but traders are now offering only Rs 6,500-7,500 for good quality cotton, and normal quality is rated below Rs 6,500. This has left many farmers with stocks they cannot sell at a profitable price. A farmer from Vallur village sowed cotton in over 4 acres and stated that at the current prices, they won’t even get back their investment.

    - Advertisement -

    Farmers like Amgoth Jairam from Shankarayapally in Jadcherla mandal spent over Rs 2 lakh for sowing cotton in 6 acres but could only harvest 20 quintals instead of an expected 30 quintals. The price fall shattered his hopes, and he sold off the produce at Rs 6,900 per quintal, incurring losses. Similar is the case of another farmer Hanmanthu from Utkoor mandal in Narayanapet district who got a yield of 35 quintals from 10 acres and put it up at home, hoping for a better price.

    Also read:  Konda Vishweshwar Reddy launches Praja Ashirwada yatra in Shamshabad

    The farmers are also facing incidents of fire and discoloration of the yield in the hot summer. They are requesting the government to intervene and ensure a minimum support price of Rs 8,500-9000 per quintal to help them recover their losses.

    - Advertisement -
    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
    Latest News from Hyderabad, Telangana, India & World!

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here