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LATEST NEWS UPDATES | Farmers may get Rs 2,250 per quintal of common basmati: Experts

Farmers may get Rs 2,250 per quintal of common basmati: Experts

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published Published on Nov 11, 2011   modified Modified on Nov 11, 2011

-PTI

 

Farmers may get up to Rs 2,250 per quintal of their common basmati paddy this season, according to experts.

The forecast was made by scientists of the Agricultural Economics Department of GB Pant University of Agriculture and Technology, Pantnagar, a university release said.

The scientists made the forecast while working on a sub-project, 'Establishing and Networking of Market Intelligence Centres in India', of the National Agriculture Innovation Project.

One of the objectives of this sub-project of the World Bank-sponsored National Agriculture Innovation Project is to make price forecasts well in advance of sowing of selected agricultural commodities and during harvesting.

The scientists had conducted a market survey of the Rudrapur regulated market, a major market for common basmati paddy in Uttarakhand, and analysed market price data for the last sixteen years while making the forecast.

The Economic Times, 10 November, 2011, http://economictimes.indiatimes.com/news/economy/agriculture/farmers-may-get-rs-2250-per-quintal-of-common-basmati-experts/articleshow/10678740.cms


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