SME Times is powered by   
Search News
Just in:   • Pharma exports register 9.4 pc growth; industry aims for double-digit expansion in 2026–27: Govt  • India, Brazil to bolster steel supply chain  • Surat emerges as 'Global Trade Hub' with $10.55 bn exports  • India pushes currency diversification, FTAs to counter Trump's pullback from IPEF  • 'Nothing changes': Trump says India-US trade deal to remain intact, calls PM Modi a 'great gentleman' 
Last updated: 10 Oct, 2020  

Corn.9.Thmb.jpg Experts urge Telangana farmers not to go for corn cultivation

Corn.9.jpg
   Top Stories
» Pharma exports register 9.4 pc growth; industry aims for double-digit expansion in 2026–27: Govt
» Surat emerges as 'Global Trade Hub' with $10.55 bn exports
» Indian stock market posts mild gains this week amid AI-related IT losses
» US trade gap widens; India deficit at $58bn
» US court ruling reduces 18 pc reciprocal tariff uncertainty for India
SME Times News Bureau | 10 Oct, 2020
Agriculture experts and officials in Telangana have advised farmers not to go for cultivation of corn during the current season as it is not likely to get even Minimum Support Price (MSP).

At a high-level meeting on crop cultivation and marketing here on Saturday, they explained to Chief Minister K. Chandrasekhar Rao that adverse conditions prevailed in the country for cultivation of corn is concerned and it is not advisable to go in for that crop in the state now.

They said that with the policy decisions taken by the Centre on corn import, the corn is not in a position even to get MSP.

According to the Chief Ministera's Office (CMO), they also said that the new farm legislation brought in by the Centre, which allowed anybody to sell the agriculture produce anywhere, and the reduction of taxes on the import of the commodities has become a curse on the poor farmer.

The meeting was told that in the international market, there was a surplus of 28 crore metric tonnes of corn. As on date, there is a need for 2.42 crore metric tonnes of corn in the country but 3.53 crore metric tonnes of corn is available.

This would mean the country has a surplus of 1.11 crore metric tonnes. To add to this, corn is cultivated in 2.04 crore acres in the country and 4.10 crore metric tonnes will soon hit the markets. With this, there are enough stocks of corn available not only for this year but also for the next year.

"To make the matters worse for the local farmers, the Central Government had decided to import 5 lakh metric tonnes. The Centre also reduced the import duty on Corn from 50 per cent to 15 per cent, which will result in the corn, produced in the country not getting any MSP and will put the corn farmers to more misery and heavy losses," the CMO said.

Agriculture Minister Niranjan Reddy said that in order to get Telangana farmers a reasonable price for the corn, the state government had discussions with the poultry farmers. Since states like Bihar, Chhattisgarh, Madhya Pradesh, Karnataka, Rajasthan, Maharashtra and UP are quoting a very cheap price for the poultry feed, poultry farmers in the state are not ready to buy the corn produced within the state.

Officials said that those farmers who want to go for corn cultivation despite the fact that they may not get any MSP are free to do so.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.35
89.65
UK Pound
₹125.3
₹121.3
Euro
₹108.5
₹104.85
Japanese Yen ₹58.65 ₹56.8
As on 19 Feb, 2026
  Daily Poll
What is your primary "Make or Break" expectation from the Finance Minister this year?
 The Tax Relief
 The Working Capital Fix
 The Compliance Holiday
 The Payment Shield
 The Tech Subsidy
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter