Home News: Short of a Length Turmeric plunges from ₹16K to ₹5K in Telangana

Turmeric plunges from ₹16K to ₹5K in Telangana

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Turmeric plunges from ₹16K to ₹5K in Telangana

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HYDERABAD: A steep fall in turmeric costs, from round Rs 16,000 consistent with quintal to Rs 5,500 consistent with quintal throughout Telangana — the highest turmeric cultivator within the nation — has farmers anxious, who declare they’re not able to wreck even because of the dip in prices.

Turmeric is widely cultivated on round 1 lakh acres in undivided Nizamabad, Adilabad, Karimnagar and Warangal districts, with the produce bought in agriculture marketplace yards of Nizamabad, Metpally and Kesamudram in January.

Typically, investors be offering prime costs in the beginning of the season, however, on Tuesday, turmeric used to be procured at Rs 5,685 consistent with quintal.

Farmers say that their yield has additionally dipped because of unfavorable climate, giving them a double whammy.

A buying and selling supply mentioned they’re not able to supply upper costs because of the fluctuation of costs within the world marketplace.

The issue used to be additional compounded through the loss of a minimal make stronger worth (MSP) from the Centre for turmeric. The state executive additionally failed to incorporate turmeric underneath its marketplace intervention scheme (MIS).

Farmers are making plans agitations in northern Telangana, after a gathering used to be held in Armoor of Nizamabad, in which farmers demanded elected representatives start up steps to remunerate them.

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