Farm­ers Ditch Guar This Year

With prices fall­ing, farm­ers may opt for pulses, cot­ton & ground­nut

The Economic Times - - Commodities Plus - Su­tanuka.Ghosal @times­group.com

Kolkata: Many guar farm­ers in Ra­jasthan, Haryana and Gu­jarat may shift to pulses, cot­ton and ground­nut crops in this year’s kharif sea­son as guar gum prices fell more than 50% and ex­ports plunged 57% in 2015-16 com­pared to that in the pre­vi­ous fis­cal.

Guar gum is now fetch­ing .₹ 55 per kg in­stead of .₹ 120 a year ago. “This has not gone down well with farm­ers and a large sec­tion of them will shift to other re­mu­ner­a­tive crops,” said Ra­jesh Ke­dia, di­rec­tor, Jai Bharat Gums & Chem­i­cals.

Ex­ports dropped to 2.25 lakh tonnes in 201516 from 5.25 lakh tonnes a year ago. Ravi Singh, a farmer from Bikaner in Ra­jasthan said, “I am not go­ing to sow guar in my en­tire land.” The Met depart­ment has forecast a nor­mal mon­soon and there­fore guar farm­ers from these semi-arid states feel that cul­ti­va­tion of wa­ter con­sum­ing crops will not pose any prob­lem in this year’s kharif sea­son. “Guar cul­ti­va­tion re­quires very lit­tle wa­ter, which is why it is grown in these states. There was drought in the last two con­sec­u­tive years which made the farm­ers sow guar. Even prices were re­mu­ner­a­tive. This year, the acreage is likely to drop 44.44% to 25 lakh hectares,” said Ke­dia.

Un­til a cou­ple of years ago, the guar econ­omy of Ra­jasthan, Gu­jarat and Haryana was on a roll.

(See www.eco­nomic­times.com)

Guar gum is now fetch­ing 55 per kg in­stead of 120 a year ago

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.