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Chilli prices dropped further after govt announced compensation
Farmers in the Guntur Mirchi Yard covered chilli stocks with tarpaulin covers due to showers on Sunday evening. They fear that the chilli stocks will get damaged if the showers continue. The mirchi yard distributed tarpaulin covers to protect the stocks. Rain lashed Ponnur town on Sunday.
Guntur: Farmers in the Guntur Mirchi Yard covered chilli stocks with tarpaulin covers due to showers on Sunday evening.They fear that the chilli stocks will get damaged if the showers continue. The mirchi yard distributed tarpaulin covers to protect the stocks. Rain lashed Ponnur town on Sunday.
Stocks covered with tarpaulin covers at Guntur Mirchi Yard as rain lashes the region
The farmers expressed concern over chillies getting discoloured if the rains continue further. Then they fear that the prices may fall further. According to official sources, at present over 3.5-lakh chilli bags have been stored in the Guntur Mirchi Yard. The farmers are dumping stocks from other states and other districts too.
For the convenience of farmers, the officials have opened another centre at Nadikudi in Guntur district. The farmers from Palnadu region will sell their chilli stocks in Nadikudi Agriculture Marketing Yard.The state government is in touch with Civil Supplies Corporation in Kerala and Karnataka and other states to sell the chilli stocks.The state government officials are of the view that if they sell chilli stocks in other states, the demand for chillies will increase in the domestic market.
Then, the traders will offer a better price to the farmers. Farmers are alleging that the traders were cheating them and offering lower price. As they were having no other option, they were selling chillies at a low price. A Sitaiah, a farmer in Sattenapalli said, "After unloading the stocks, the traders were offering lower price.
They are offering only Rs 2,500 to Rs 3,000 per quintal for fine quality and tell us that the government will pay a compensation of Rs 1500 per quintal. As we have no option, we are selling at lower price and incurring losses." Another farmer K Sambasiva Rao of Pedandipadu said, "After the state government announced compensation of Rs 1500, chilli prices has fallen further. Now, the traders are offering Rs 2000 per quintal for ordinary quality.”
