Monday, November 17, 2014

Farmers for hike in MSP to cotton

With rising costs due to drought-like conditions, cotton farmers demanded that the Centre announce a bonus on the already declared MSP of Rs 4,050 per quintal for kharif 2014-15. They said Rs 6,000 per quintal would be the ideal MSP for their produce.


The farmers said they can be bailed out of troubles only if they get a good MSP as they had already incurred heavy loss due to crop failure. It is expected that this time the harvesting period would be delayed by two months due to late sowing. Cotton was sown in 3.10 lakh hectares in Adilabad district.

Farmers said they got nearly Rs 4,000 per quintal for cotton last year in the open market but the same price would not be sufficient this year, due to the heavy rise in investment cost this kharif. 

However, it is expected that the private cotton traders are likely to offer good price for cotton than the MSP announced by the central government as the cotton yield is likely to drop heavily this year, when compared to last year.

The cotton farmers want the state government to mount pressure on the central government seeking a hike in the MSP for cotton. The farmers said they should be given at least Rs 7,000-Rs 8,000 per quintal in the open market to bail them out of debts. The central government announced an MSP of Rs 4,050 for fine quality cotton and Rs 3,750 for medium quality for kharif 2014-15.

Kotnak Ramesh of Ruyyadi village in Talamadudu mandal said the Centre should doubt the present MSP to save the distressed farmers. He said he went for a third showing in his 20 acres and that seeds germinated only in 6 acres. He said he had incurred a loss of Rs 70,000 due to crop failure.

There are many other farmers like Ramesh who have pinned hopes on the announcement of bonus on cotton by the Centre.

No comments:

Post a Comment