Categories: Nagpur

Soyabean Interest Rate Accident: Farmer Party Launches Protests for Import Policy

Nagpur: Swabhimani Paksha – Political parties led by former MP and Agriculture MPs Raju Shetti – have guided the demands to increase the Soyabean market level.
Ravindra Tupkar, a party leader from Bulldhana, began a unlimited strike in Samvidhan Chowk in the city on Monday.
Agitation is planned in all states from Thursday against import policies that cause prices to crash recently.
In developing late at night, the police held Tupkar from the protest site.
Shetti said the central step to allow the import of 12 lakh tons of soyamareal, used as a poultry feed, causing an accident at soybean levels even because fresh products reach the market.
This finally helps companies in edible oil businesses.
The poultry industry, which has demanded a low soybean level, is actually supported by corporates, he said.
Shetti also called for GST deletion on Soyabean.
Right before the arrival of fresh plants began in the market, Soyabean sold at the RS11,000 Quintal.
It has built farmers’ expectations, but the accident left interest rates as low as RS4,000 for several values.
Toi has reported a nod for import.
At present, the level of soybean is in the range of RS4.200 to 5,600 quintal.
MSP is RS3.950 Quintal.
Shetti said that from Thursday protests will be held in every tehsil in the state.
Rates have increased since a week because of the position with Swabhimani Pakha, he said.
The Shetti party has demanded that the center must force import duties, or stop imports completely.
So far the 6 Lakh Quintal of Soyamaral has reached India, and no further consignment must be allowed, he told Ti by telephone.
Tupkar said that regardless of import duties even the stock limit on the Soyabean must be removed.
This can finally take rates to RS8,000 Quintal.
Farmers issued a cost of RS25,000 a hectare for Soyabean cultivation.
The current rate is RS4.100 Quintal.
With an average of 4 hectares, farmers are confused.
The results are low due to excessive rain, said Tupkar.
Toi also independently surveyed the situation.
The market source said when the new arrival began, the price was in the range of RS6,000 to 6,500 Quintal.
There was a fall from RS1,000 after that.
Finally, in the range of RS4,200 to 5,600 quintal.
Arrival in two main markets in Kalamna and Hingangphat were the same as last year.
Some farmers also report better plants.
The source said even if the cultivation fees did not rise RS25,000, but the level needed to be in the range of RS7,000 to 8,000 for farmers to get decent profits.
In the current state, the cost of cultivation is around RS8,000 to 12,000 a hectare.
Even the level of cotton touches RS8.700 Quintal is now in the range of RS7,800 Quintal.

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