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Friday, 23 October 2020

Pusa-1121 fetches low price, farmers upset

Parveen Arora

Tribune News Service

Karnal, October 22

After Pusa-1509, now Pusa-1121 has disappointed farmers with low price. It is being sold at Rs 2,400-2,500 per quintal this season against Rs 2,800-3,000 per quintal last year.

Pusa-1121 is a major contributor to basmati export. Rice millers and exporters, who are bulk buyers of the 1121 variety, are hesitant to purchase it because of the delay in payment to Indian exporters from Iranian buyers, which is considered as the main reason for low prices.

“The payment of around 3 lakh tonne for 2019-20 is pending with Iranian buyers, while around 1.5 lakh tonne rice is lying packed with exporters. So, exporters are reluctant to buy fresh Pusa-1121 and book new orders from Iran,” said Vijay Setia, former president, All India Rice Exporters Association.

He said buyers were not showing enthusiasm in purchasing fresh paddy from grain markets. Rajnish Chaudhary, president, Karnal Arhtiyas Association, said the variety was not fetching prices like last year as the buyers were not coming forward.

Less prices this season has left farmers disappointed. “I have cultivated Pusa-1121 in around 10 acres, hoping that it will give me a good return, but it was sold at Rs 2,430 per quintal, while last year it fetched Rs 2,780 per quintal,” said Sher Singh, a farmer.

Raj Kumar, another farmer, said earlier Pusa-1509 disappointed him as it was sold for Rs 1,900 per quintal as compared to Rs 2,300 per quintal last year. Now, his paddy crop of Pusa-1121 was sold at Rs 2,400 against Rs 2,800 last year. Rishpal Singh said after getting good prices last year, he cultivated the variety of 1121 on a large scale this time, but the variety had left him disappointed.

from The Tribune

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