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Adani in the Eye of the Storm as Himachal Apple Prices Crash -Vivek Gupta

-TheWire.in

Apple growers feel that instead of incentivising big corporates, the state government should instead help farmers build cold storages.

Chandigarh: The main argument of those rallying behind the Bharatiya Janata Party government’s controversial farm laws; that the free market economy will reward farmers, faces a major dent in the wake of the crashing market price of the apple crop in Himachal Pradesh. 

The Rs 5,000 crore apple business in the hilly state, which mostly runs on the free market model, was dealt a major setback right at the beginning of the season when the Adani group, a big corporate buyer in Himachal Pradesh’s apple market, announced its opening price for A-grade, premium quality apples at just Rs 72 per kg, much lower than the Rs 88 per kg it offered last year. 

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