Turmeric prices crash in Chamarajanagar

The sudden crash in the price of turmeric in the district, last month, has left the growers distraught. Traders from the neighbouring districts, who were thronging the markets in Chamarajanagar, now have the yellow tubers that are grown in Maharashtra, Tamil Nadu and Andhra Pradesh, to chose from.

The turmeric tubers, which were sold at Rs 9,000 per quintal last month is now Rs 4,900. With more produce reaching the market, the demand and supply chain has been affected and the price is expected to crash further.

Chamarajanagar district, on an average, produces 40,000 tonnes of turmeric every year. It was grown on 8,228 hectares of land in 2014, yielding 35,988 tonnes.
The turmeric, which had been stored since two years, are being sold in the market by the ryots. Besides, turmeric from neighbouring districts too have arrived in the market, which has led to the sudden crash in price, said the traders.

Support price
When the price of the crop crashes, the State and the Centre purchases the product under support price. Since, turmeric is not an essential commodity and does not come under the six norms fixed by the Centre, it is not possible to announce a minimum support price for turmeric.

Norms
As per the norms, the produce should not rot, should be used in large quantities, should come under food security, be a common produce used by industries, not much difference in production cost, should be cultivated in large area. As turmeric does not come under this category, the farmers have to face the loss silently.

The farmers had demanded a minimum support price for turmeric four years ago, when the price of per quintal of turmeric crashed to Rs 2,000. However, the Centre had rejected it.

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