Sharp fall in vegetable prices, lack of cash hit farmers, traders

[email protected] (News Network)
December 29, 2016

Bengaluru, Dec 29: Even though the sharp fall in the price of vegetables is a good news for common man, farmers and traders are distressed by the unexpected upheavals. On the other hand shortage of cash, a consequence of demonetisation, has had an adverse impact on vegetable business.

vegThe wholesale price of a few vegetables has declined by 50%. The president of vegetable merchants' association, RV Gopi attributed the drastic fall in prices to the surplus stock.

"As a result of demonetisation, farmers and merchants are in no position to send vegetables to Tamil Nadu, Kerala, Maharashtra and Andhra Pradesh. As a result, most of the stock is ending up at the local markets in Bengaluru. Consequently, the price of the vegetables has come down by 30% to 40% on average," Gopi said adding that farmers and merchants were hoping for a revival in January.

Paramesh V, a resident of Vidyaranyapura in north Bengaluru, is certainly not complaining. He stocks up on all the vegetables he needs for the entire week in one visit to the KR Market. "The vegetables here are fresh, and in comparison to the local markets, it is a lot cheaper. Moreover, the prices have dropped drastically in the past few weeks," he said.

Traders get vegetables to the city from Hoskote, De vanahalli, Anekal, Kanakapura, Mandya, Hassan and even Belagavi.

Nataraju MN, a vegetable trader, pointed out that merchants and farmers carried out most of their transactions in cash. "Not all farmers have bank accounts, and it takes time for everyone to get accustomed to cashless transactions. The cap on withdrawal from our bank accounts has impacted our earnings. Many traders send nearly 10 trucks to other states daily, and advance payment to truck drivers and others are made in cash. They need cash in lakhs," he added.

Comments

shaji
 - 
Thursday, 29 Dec 2016

Better send one load of vegetables to parliament and let bjp members enjoy it. Farmers should sacrifice for the demonetising policy of our PM as ache din will come soon.

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News Network
March 20,2020

New Delhi, Mar 20: An official of South Western Railway has been suspended for "hiding" her son, who returned from Germany and later tested positive for coronavirus.

The youth has been hiding at a railway guest house in Bengaluru, officials said on Friday.

"She (the railway official) not only failed to inform authorities about her son's return from Germany, but also endangered the lives of others by lodging him in a railway rest house near the main Bangalore railway station," railway spokesperson E Vijaya said.

The Assistant Personnel Officer (Traffic) has been suspended, Vijaya said.

The 25-year-old man, who came from Germany via Spain and was instructed to be in home quarantine after he landed at the Kempegowda International Airport in Bengaluru on March 13, later tested positive for Covid-19 on March 18.

"She virtually hid her son to protect her family but endangered all of us," a South Western Railway official said.

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News Network
July 1,2020

Bengaluru, Jul 1: The Meteorological Department has issued a yellow alert and forecasted heavy rains for three coastal districts and 12 more in the south interior Karnataka region, an official said on Tuesday afternoon.

"Thunderstorm with lightning is likely to occur at isolated places over south interior Karnataka from Tuesday to Wednesday," said a Met official.

For Bengaluru city, the Met department has forecast a generally cloudy sky with light rain for the next three days.

Coastal Karnataka -- Dakshina Kannada, Udupi and Uttara Kannada districts have been issued a yellow alert for the next two days with thundershowers and gusty winds.

Winds blowing at speed of 40-50 km per hour are expected on the coast and the Met department warned fishermen against venturing into the sea.

Meanwhile, heavy showers on Sunday night in Vijayapura district gave rise to flash floods in the Doni river and Sogali stream.

An overflowing Doni river submerged the Talikote - Hadaginal bridge, a remnant from the colonial era, and also submerged some agricultural lands. Only recently, these agricultural lands were sown with toor dal plants.

Similarly, many SSLC students also struggled to cross the bridge to reach their examination centres on Monday.

Many houses were also flooded due to the rainfall at Nalatwad and Talikote taluk. Muddebihal, Basavana Bagewadi and Sindagi taluks also witnessed heavy rainfall.

A 40-year-old farmer from Dharwad district was washed away in the Tuppari Halla stream, which is prone to flood during the monsoon season.

Likewise, a truck carrying cotton also got washed away in a stream in Yadgir district.

"There is an offshore trough and a circulation, because of which rain will continue in the coastal area. Only Malnad has not got sufficient rain this year. Probably after two days, Malnad may get some rains," Karnataka State Natural Disaster Monitoring Centre (KSNDMC) Director Srinivas Reddy said. Otherwise, entire state got normal rainfall, said Reddy, though it is not active over Malnad.

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News Network
April 21,2020

Bengaluru, Apr 21: The Karnataka Government may spare its employees from salary cuts this month despite severe resources crunch it faces following steep fall in revenue collection due to the ongoing lockdown to fight the coronavirus, official sources said on Tuesday.

As of now, there is no problem with April salary and we can manage. But if May also turns out to be a wash-out (in terms of revenue collection), then the situation is going to be very tough, a senior Minister said.

Ministers and members of Karnataka Legislature are taking a 30 per cent pay-cut for a year from April 1 this year. Opposition Congress in the state has vehemently opposed any possible move to cut salaries of government employees.

You just cant even imagine, the Chief Minister B S Yediyurappa had told news agency in an interview earlier this month on the economic impact of the lock-down on the state's finances. Yediyurappa had also said that the government is now not in a position to implement Budget proposals, barring important ones, with all kinds of revenue collections having completely stopped following the lockdown.

The government recently said it proposes to regularise unauthorised properties in the state by imposing penalty, and also auction more than 12,000 corner sites belonging to the Bengaluru Development Authority, as part of resource mobilisation drive.

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