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Paddy farmers happy with increased price

Metakhabar by Metakhabar
February 9, 2023
in Business, News
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Paddy farmers happy with increased price
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Farmers have felt a sense of relief this year with a rise in the price of paddy. The price of paddy has increased by Rs 300 per quintal compared to the previous year. As neighbouring India has imposed a quota on paddy export, the price of paddy in Nepal has increased along with the increase of price of paddy in India. India has fixed the export quota of 600,000 tons of paddy for Nepal in the current fiscal year With the increase in the price of paddy, Sona Mansuli variety of rice available at Rs 48 per kg now costs Rs 58 per kg while the price of Mansuli has reached Rs 64 from Rs. 50 per kg.

Farmers of Madhes province, including Parsa, a pocket area for paddy production, have been suffering due to low price but they have finally got some relief. Sitaram Prasad, a farmer of Lalparsa in Birgunj Ward No. 30, says, “The price of paddy does not even meet the cost of production, but this time it has increased.” Likewise, Kismatia Devi, a paddy farmer of Sabathwa-4, Parsa, however said although the new price is some relief, it is not enough. The government think about it further considering says cost of production.

Meanwhile, even though the farmers are happy with the increase in the price of paddy the consumers of rice are on the receiving end. The price of rice has increased by Rs. 15 to 25 per kg. Sarita Devi Kurmi of Birgunj Metropolis, Ward No. 12 said the sudden increase in the price of rice has made daily expenses hard to meet. Central President of Nepal Rice, Oil and Pulses Industry Association, Subodh Gupta, Nepal is still 50 to 60 percent dependent on India for paddy and since India has increased the support price for paddy it has led to an increase in the price of rice, which is mostly imported from India. –––

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Prime Minister Oli and his Cambodian counterpart Manet hold meeting
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