At a time when arecanut growers are reeling owing to slump in the price of the produce and decline in the yield due to drought, the Union government’s decision to keep arecanut out of the purview of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) has come as a bolt from the blue.The crop is grown in around 50,000 hectares in the district. The price of a kilo of arecanut, which was Rs. 900 in August 2014, has come down to Rs. 260 now.The crop in more than 600 hectares was damaged last year owing to moisture stress caused by drought.K.T. Gangadhar, working president of Karnataka Rajya Raitha Sangha, has slammed the decision taken by the Centre to keep arecanut out of the purview of PMKSY
The activists of Karnataka Rajya Raitha Sangha (KRRS) staged a protest in the city on Monday demanding that the Union government initiate measures to stabilise the price of arecanut.The activists of KRRS took out a protest march from Ashoka Circle that passed through the city’s main streets. Addressing a protest meet on the premises of the office of the Deputy Commissioner, H.R. Basavarajappa, Working President of KRRS, said that there has been a sharp decline in the price of arecanut in last one year. “The price of rashi variety of arecanut, that was traded at Rs. 300 per kg in June 2015, has come down to Rs. 230 now.