A study of both national and international markets for ginger revealed that local farmers have been receiving unfair price by the Agricultural Produce and Marketing Committee (APMC). The government launched the project using ginger with APMC in the year 2000 to help farmers when prices for ginger plunged. But there is a problem: the APMC is believed to have mistakenly interpreted the minimum rate as a fixed rate, even though it is accompanied by the higher rates for wholesale on the market in Delhi.
Insiders from Delhi have reported that prices can reach as high as about Rs. 70 per kilogram and Nagaland farmers make a meager amount of. 7.50 per kilogram of ginger. In the event of accounting for transportation costs and transport costs, the APMC expects to earn significant profits in the amount of about Rs. 34.50 per kg.
The Spice Board of India states that the price in India for Cochin ginger is the equivalent of Rs. 45 for the highest quality. 40 for medium quality. 40/kg for middle good quality. Although there are similarities between the Cochin as well as Nadia ginger types, the market choice varies. Cochin preferred internationally, while Nadia in the US.
APMC officials claim that the price of Delhi’s ginger has fallen to the price of Rs. 7. This implies massive loss to the APMC. But they acknowledge that the local farmers were provided as much as the amount of Rs. 10 per kilogram of ginger from Marwari businessmen without offering any reason for the disparity in prices.
[ Rs. 100 = EUR1.10 ]
Source: morungexpress.com