Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | After vegetables, rice to get pricier with floods, drought -Sutanuka Ghosal

After vegetables, rice to get pricier with floods, drought -Sutanuka Ghosal

Share this article Share this article
published Published on Nov 6, 2013   modified Modified on Nov 6, 2013
-The Economic Times


A decline in paddy production in eastern states and Andhra Pradesh has triggered speculation of a lower rice output this year, stoking a 10-30% spike in prices at a time when high vegetable prices have pushed inflation to a seven-month high.

Floods and incessant rains in major rice producing states such as West Bengal, Odisha, Bihar and Andhra Pradesh during the harvesting period have affected the paddy crop.

Talking to ET, Trilochan Mohapatra, director, Central Rice Research Institute (CRRI), said, "Floods in Odisha, Bihar and continuous rains in West Bengal during the harvesting time have affected the paddy crop.

Though the final figures are yet to be arrived at, an initial estimate suggests that the damage could be in the region of 15-20%. A drought-like situation in Jharkhand during the sowing period too will have an impact on rice production this kharif."

Eastern states contribute 55 million tonne of rice to the country's total production of 104.32 million tonne and the bulk of it is produced during the kharif season. Production in the eastern region has increased by 30% in the last three years after the UPA government launched the "Bringing Green Revolution to Eastern India" programme in West Bengal, Bihar, Assam, Odisha, Jharkhand, eastern Uttar Pradesh and Chhattisgarh.

Traders say rice prices have already gone up and they do not see a drop even after the new crop comes to the market. Alok Khemka, owner of Manglam Agrotech, an Odisha-based rice wholesale trading firm, said, "Prices have gone up because there is a fear in the market that this year's crop will be less.

South Indian buyers are purchasing heavy quantities from eastern states which have pushed up prices as well. The rising labour and fertilizer costs have further fuelled this trend. Prices of the common parboiled Swarna variety of rice have gone up by 30% to .`24 per kg in the wholesale market while the retail price is .`31 per kg. " Khemka, who also cultivates paddy in some 55 acres of Bhadrak district in Odisha, said prices will continue to remain firm in the coming months. "Floods and rains have not only affected production but also the quality of rice.

Therefore, going ahead there will be a dearth of quality nonbasmati rice which will make the cereal costlier."

Far away in Delhi's Nayabazar wholesale market, prices of non-basmati rice have firmed up by 10-20%. Shiv Shankar, owner of Krishna Rice Trade, said, "Prices are firm and reports emerging from eastern India show that prices will continue to be on the higher side in the coming months."

Prices in West Bengal, which produces 15.4 million tonne of rice, have already gone up by 15-25% depending upon the variety.

"The Minikit variety is selling at .`3,200 per quintal in the wholesale market, which is higher by at least 20%. This is being sold at the retail level at.`36-38 per kg," said Barin Mondol, owner of Hooghly-based Anjali Traders.

However, Mohapatra does not find any concrete reason for a sudden spike in prices.


The Economic Times, 6 November, 2013, http://economictimes.indiatimes.com/news/economy/agriculture/after-vegetables-rice-to-get-pricier-with-floods-drought/articleshow/25286460.cms


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close