RANGPUR, Apr 16: The green chilli growers of the district are disappointed due to its lower market price this season.
The farmers of the district cultivated chilli with the hope to earn good profit this season but their hopes of having fair price got shattered. Presently green chilli is being sold at much lower rate even much below the production cost discouraging the growers to cultivate it in next season.
Many poor and marginal farmers had borrowed money at a high interest rate from the money lenders and NGOs to cultivate the crop. Some of them harvested their produce at the earliest possible time to repay loan. But the low market price of it is upsetting them.
Growers are counting huge losses as green chilli is now being sold at Tk 150 to Tk 200 per maund (40kg) depending on quality.
Expressing dissatisfaction over the circumstances a number of growers told The Financial Express that they were eager and made dynamic effort to enhance the output of the crop this season but low price of the spicy crop made it difficult for them to cover even the production cost. They said they might not opt for chilli cultivation next season.
Rashed (30), a chilli grower at Char Morneya village under Kawnia upazila in the district expressed his frustration and said that he cultivated green chilli on 1 bigha of land this year spending additional money. But now he has to incur huge loss because of declining price of the crop.
Talking to this correspondent a number of chilli growers expressed their disgruntlement over the low price of it saying that if the situation continues they will not be able to recover even production cost.
© 2024 - All Rights with The Financial Express
