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Saturday, October 17, 1998 |
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Farmers suffer heavy loss CHANDIGARH, Oct 16 As the weather continues to play villain, farmers in Punjab have suffered a heavy loss of several hundred crores of rupees. Due to the prevailing spell of inclement weather, paddy procurement operations in the state have been affected and paddy brought to procurement centres have been damaged. The cotton crop has also been affected in the Malwa belt. According to official sources, the loss on the cotton front will be around Rs 300 crore. The Punjab Agriculture Department had estimated a yield of 15 lakh bales in the state in August this year when all was well with the cotton crop. But attack of American bollworm and a spell of bad weather in the last week of September had upset all these calculations. According to the latest revised estimate, the Punjab Agriculture Department is expecting an output of 12 lakh bales of cotton in the state. But this seems to be an over-estimate. Private cotton trade sources say that the output of cotton in the state will not be more than seven lakh bales and the loss on this front to farmers will be nearly Rs 800 crore. According to reports coming from the field, traders from other states, especially Gujarat region, are not showing much interest in purchasing cotton from Punjab. Only local traders are buying the cotton, it is learnt. The arrival of cotton is also very slow compared to the previous years. Sources said that in Kotkapura cotton market only 50 to 70 bales of cotton were arriving daily compared to last year's figure of 300 to 400 bales daily during the corresponding period. Likewise, there will be a shortfall of at least 20 lakh tonnes in the paddy yield in the state. The Punjab Agriculture Department had estimated the paddy yield in the state at around 120 lakh tonnes. But now as the paddy crop has suffered a loss between 20 per cent and 25 per cent, the output is expected to be around 100 lakh tonnes. However, official sources are still hopeful of the paddy yield to touch 110 lakh tonnes. Official sources said that the loss on the paddy front would be about Rs 450 crore but according to unofficial sources it would be around Rs 900 crore. Though there is a big difference between the official and unofficial calculation of the loss both official and unofficial circles admit that it was a big setback for Punjab's farmers. Sources said that although
the Punjab Government had ordered a special girdawri for
assessing the loss to paddy and cotton crops, so far no
decision had been taken as far as granting compensation
was concerned. Sources said that there was a laid down
procedure for granting compensation to affected farmers
but the government could overrule such procedure to
enhance the compensation. |
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