India: Farmers worried by collapse of capsicum market
Some of the affected growers had previously grown tomatoes, but had given it up in favour of capsicum due to the associated high price of cultivation.
The market has collapsed in other areas too, making it difficult for the growers to find alternative outlets for their produce.
"I planted 20,000 saplings in one and half acre of land two months ago. The yield for the first two harvests is usually low, but goes up for the third harvest. But the price has come down drastically. I irrigated the plants by sinking a borewell, borrowing money from private lenders. With the sharp decline in the price, I am at wits’ end," Srinivas, a farmer of Thimmasandra said.
Source: deccanherald.com
