Latest news with #VaraMahalakshmi
New Indian Express
04-08-2025
- Business
- New Indian Express
Dip in production sees yelakki banana price climb to Rs 120 per kg in Karnataka
KOLAR: Ahead of Vara Mahalakshmi festival on August 8, bananas, especially the yelakki variety, have become expensive, selling at Rs 120-130 per kg, up from Rs 60-65 just a few days ago. But the festival is not the only reason, traders in Bengaluru said, pointing out that the price surge is because many farmers have not taken up the crop as they sustained severe losses over the last two years. Last year, the crop was first hit by lack of rain during the sowing season, and later, the remaining crop was damaged by heavy rain. Even this year, farmers said, the rain pattern has been erratic. 'There was no rain when the crop needed it the most. Many farmers who had cultivated bananas uprooted the plants. Continuous rain caused black spots on the remaining fruits,'said Kantharaj from APMC Yard Association. 'Banana prices to dip after Vara Mahalakshmi' Farmers who chose to grow the one-year banana crop this season are seeing bumper income. In Kolar too, the yelakki banana is being sold in the retail market at Rs 120 per kg, while wholesale dealers are purchasing it from farmers at Rs 80-90 per kg depending on size. Punniyamurthy, a wholesale trader from EVK Mandi, said the prices could climb another Rs 10 over the next two to three days and will come down after the Vara Mahalakshmi festival. Farmer Ganesh Gowda, who is also a representative of the Raitha Sangha, said this year, he chose to grow bananas only in two acres as he sustained losses over the last two years due to heavy rain. 'The two-acre plantation will give me more returns than what I gained over the last two years. Many major banana farmers gave up growing the fruit this year because of losses two successive years,' he said. Those who have not harvested bananas over the last 10 days expecting better prices ahead of the festival will get good returns, farmers said.
Hans India
04-08-2025
- Business
- Hans India
Stalls at Marripalem Rythu Bazaar to be improved
Visakhapatnam: Government Whip to Andhra Pradesh and Visakhapatnam West constituency MLA PGVR Naidu (Ganababu) assured that the expansion works of the vegetable counters at Marripalem Rythu Bazaar would be considered based on the space availability. Paying a visit to Marripalem Rythu Bazaar here on Sunday, the MLA interacted with the farmers and Estate Officer D Narayana Rao and told them that the expansion plans would be initiated, taking the space and other aspects into consideration. Accompanied by the vice chairman, Agriculture and Marketing Committee Venkumahanti Chandra Sekhar, among others, the Government Whip urged the concerned officials to work towards improving flower and fruit counters. Keeping the auspicious Sravana Sukravaram, Vara Mahalakshmi and other festivals in view, Ganababu directed the officials concerned to replace makeshift flowers and fruits counters with improved stalls. He noted that the locals are forced to go to Pendurthi or Gopalapatnam for their market requirements and instructed the officials that it should be stopped by developing the stalls at Marripalem Rythu Bazaar.
