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Farmers seek compensation of Rs 1,000 per quintal of cotton sold
Highlights
Khaja Shafiuddin Adilabad: Several hundreds of cotton farmers in the district suspect the sincerity of Central Government in helping the...
Khaja Shafiuddin 
Adilabad: Several hundreds of cotton farmers in the district suspect the sincerity of Central Government in helping the poor farmers as the CCI hiked the minimum support price (MSP) of cotton by Rs 700 a few days ago. Cotton yield (fresh from the fields) generally comes to the market during October every year and ends by the month of March in the following year. Last year, the CCI announced a support price of Rs 4,200 per quintal. At the beginning of this season in October, the Cotton Corporation of India (CCI) announced a support price of Rs 3,900 per quintal of cotton. The cotton farmers in various districts staged dharnas and rasta rokos demanding hike in MSP during the past months. They demanded Rs 6,000 per quintal. But all these agitations could not benefit the farmers. But at the end of the season the CCI of the Central Government hiked the MSP by Rs. 700. This move is only to help the traders and not farmers, people said. Average cotton yield was very low last year due to scarcity of rainfall and the crop yield continued to decline this year also due to unseasonal rains and hailstorms. Farmers had to incur high cultivation costs due to abnormal prices in seeds, pesticides and fertilizers. They had to incur expenditures substantially to employ farm labour. Though they incurred losses, many of the farmers opted cotton this year with the hope that they would get better MSP. Two years ago, cotton was sold at Rs 6,500 per quintal. In the beginning of the season this year, the traders assured that the prices would be remunerative. But after bringing new stocks to the market, the traders had started their game by reducing the price on some reason or the other. The officials of Marketing Department and CCI supported the traders and did not come to the rescue of poor farmers in need. On many occasions, several farmers had to incur losses as they could not sell the yield after transporting the stocks from their houses to the market yards. The stocks were damaged due to unexpected rains when they were waiting near market yards for their turn to sell. The cotton farmers urge the State Government to pay a compensation of Rs 1,000 per quintal for the stocks which were sold by them during the current season.
Adilabad: Several hundreds of cotton farmers in the district suspect the sincerity of Central Government in helping the poor farmers as the CCI hiked the minimum support price (MSP) of cotton by Rs 700 a few days ago. Cotton yield (fresh from the fields) generally comes to the market during October every year and ends by the month of March in the following year. Last year, the CCI announced a support price of Rs 4,200 per quintal. At the beginning of this season in October, the Cotton Corporation of India (CCI) announced a support price of Rs 3,900 per quintal of cotton. The cotton farmers in various districts staged dharnas and rasta rokos demanding hike in MSP during the past months. They demanded Rs 6,000 per quintal. But all these agitations could not benefit the farmers. But at the end of the season the CCI of the Central Government hiked the MSP by Rs. 700. This move is only to help the traders and not farmers, people said. Average cotton yield was very low last year due to scarcity of rainfall and the crop yield continued to decline this year also due to unseasonal rains and hailstorms. Farmers had to incur high cultivation costs due to abnormal prices in seeds, pesticides and fertilizers. They had to incur expenditures substantially to employ farm labour. Though they incurred losses, many of the farmers opted cotton this year with the hope that they would get better MSP. Two years ago, cotton was sold at Rs 6,500 per quintal. In the beginning of the season this year, the traders assured that the prices would be remunerative. But after bringing new stocks to the market, the traders had started their game by reducing the price on some reason or the other. The officials of Marketing Department and CCI supported the traders and did not come to the rescue of poor farmers in need. On many occasions, several farmers had to incur losses as they could not sell the yield after transporting the stocks from their houses to the market yards. The stocks were damaged due to unexpected rains when they were waiting near market yards for their turn to sell. The cotton farmers urge the State Government to pay a compensation of Rs 1,000 per quintal for the stocks which were sold by them during the current season.
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