Bengal sees rapid rise in rice prices
Prices of rice, which is the staple diet of the people of Bengal, has increased by nearly ₹2-3 a kg in the past one week on the back of sudden spurt in demand and an anticipated short supply following closure of a majority of rice mills in the State.
Price of common variety (Swarna) rice has increased to ₹26-27 a kg at mill end, as against ₹23-24 about ten days ago. In the retail market, prices have gone up by nearly ₹3-5 a kg with Swarna fetching close to ₹30 a kg, as against ₹26-27 a kg some days ago. The market is anticipating another 5-10 per cent rise in prices in the days to come as supplies remain tight.
PPP project in AP to support Chintapalli tribals grow local turmeric variety
Around 2,000 tribal farmers of the hilly Chintapalli region in Andhra Pradesh, supported by the State government, are set to expand the area under turmeric.
The local turmeric variety has been found to have 5-7 per cent curcumin content compared to 3-4 per cent in regular variety. This variety is in high demand in the pharmaceutical industries for its immunity boosting content.
Plantation sector seeks govt support to pay wages
Kochi/Bengaluru, April 3 The 21-day lockdown has pushed the plantation sector into a precarious situation. With no revenue, the managements say, they can ill afford to pay wages during the period, and are looking for support from the government to overcome the crisis.
The plucking of tea in many plantations has come to a standstill and the operations are expected to resume only after 75-90 days. It will take considerable time and labour to bring the estates back to active production levels and, till then, cash flows will be under stress, said industry representatives.