Make a project file on :Bumper Produstion:A boon or bane for farmers
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Every day, around 3 p.m., hundreds of lorries loaded with onions queue up at the new agricultural market complex at Lasalgaon, around 45 km from Nashik, waiting for the afternoon auction to begin.
As a group of traders approach, the farmers drop their produce at their feet, as if to tempt them into bidding high. The traders halt and look over the merchandise. A market committee employee calls out the reserve price: “400!” Eyes roll, unspoken words seem to pass between the traders. Then the bidding starts: “1!” “11!” “13!” “17!” In less than 30 seconds, the auction is over. The farmer gets 17 rupees over the reserve price, Rs.417 per quintal (100 kg). A pittance at any given time, more so now when compared to prices last year.
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