Sharp decline in ginger prices leaves Indian farmers in crisis

Ginger farmers in India are struggling with a sharp price drop, with market rates falling from $144 to just $12 per 100kg over the past few months. The exact cause remains unclear, but the decline has continued for 4 to 5 months, leaving farmers in distress, according to local media.

In response, the State government has proposed a support price of $84 per 100kg and plans to seek funding from the Centre under the Market Intervention Scheme (MIS). Farmers are being urged to avoid selling to middlemen, as intermediaries and large buyers are accused of taking advantage of unstable government policies.

Additionally, concerns over land mafia exploiting farmers have been raised, with calls for stronger government intervention to protect landowners. Farmer organizations are planning strategies to combat these challenges and demand fair market conditions for agricultural workers.

source: thehindu.com

photo: indianmarketus.com