Nagpur: The government’s decision to ban in agricultural commodities has caused concern among farm activists who said this would eventually hit farmers who could benefit from higher prices than items.
This step, however, received support from spokesman for Bharaitya Kisan Union (BKU) who had agitation of leading farmers in Delhi against three agricultural laws.
BKU spokesman Dharmendra Malik told TII that the union had fought futures on agricultural products because the price rig detrimental to farmers.
“The market operator carries prices to fall at the time of harvest profitable traders.
After farmers end up selling the produce, the percentage is Jacked, “he said.
This step attracts faxing from clothing including Shetkar, which has supported three agricultural laws now withdrawn by the government.
The creature said that the balanry of collecting government policies itself demolition of price control regimes, which aimed through law.
Even as a decision aim to reduce commodity prices, it will be at the loss of farmers, experts said.
The center through a notification issued Sunday night has banned the trade in non-basmati rice trafficking, wheat, chana, mustard seeds, soybeans, crude palm oil and moong.
Plants such as soybeans and chana worries on farmers in Vidarbha.
Cultivators here expect better results because soybean prices touch the RS9,000 quintal this year.
A part of the farmer still holds on to the results that hopes for the level of jumping again.
At present, soybeans are in the range of RS6,500 for RS7,000 quintals, said source.
Vijay Jawandhia, a veteran activist from Wardha, said that if the step can help consumers, it will affect farmers also by lowering prices.
“The government wants farmers link to high cost economy but remains their income.
It might not be possible to match the high social cost segment due to these decisions “said Jawandhia.
“Instead of prohibiting futures there can be other controls such as the top circuit if the price goes beyond a certain level,” he said.
Shetkari is very good as President Anil Ghanvat said this decision is expected to have a direct impact on farmer income.
He said farmers hope to benefit from the price of soybeans which are currently expected to slip even under the MSP.
“The poultry lobby has pushed lower soybean prices because it is input for chicken feed.
The decision will also benefit the oil plant, now it must be seen whether the reduction is forwarded to consumers, “Ghanvat said.
There have been reports including government data that Chana is expected to surplus, which means that prices will drop after harvest.
“So, whether with mustard seeds,” he said.
Meanwhile, the price of soybeans was reported to have slid to the RS4,600 in Washim the average level, however, remained in the range of RS6,500 for RS7,000 quintal.
On the other hand, Chana has been in power under MSP at the Vidarbha market.
At RS4,350 quintal, it took a hit from RS150 on Monday.
MSP is at RS5,230 / quintal.
Kishore Tiwari, Chair of Vidarbha Jan Andolan Samiti, was also skinned decision.
Banning Futures in 7 AGRI items received flared from agricultural activists
