Turmeric: India

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Turmeric farmers of AP

Turmeric turns gold, AP farmers snap up cars Raghu Paithari

Times of India

NIZAMABAD: It's raining cars in Nizamabad district of Andhra Pradesh. Flush with profits, farmers, especially turmeric growers, are placing orders for brand new cars and investing huge amounts on gold and land.

"My dream of owning a car was fulfilled recently. Now, I drive my way to the field," Machhendra of Siddapur village in Nandipet mandal said. The farmer, who sowed turmeric crop in two-and-a-half acres, decided to fulfil his long-cherished dream after he earned a profit of Rs 7 lakh from his produce. Machhendra owns 17 acres, but had to limit sowing of crops due to shortage of farm hands.

An official of the district road and transport authority (RTA) said a total of 669 new cars have been registered in the last three months alone. A majority of them who placed the orders were turmeric farmers from Armoor, Velpur and Balkonda mandals. Sources said ryots from Nandipet, Morthad and Jakranpalli mandals, where cultivation of turmeric is also high, have also joined the car queue.

But what were the reasons for this turnaround in the fortunes of turmeric growers? While a majority of ryots are facing hardships due to poor water supply and erratic power, turmeric growers have reaped it rich this time, thanks to high market price. With rising demand for turmeric from neighbouring states and West Bengal, the price has soared in the market yards. "It's like a golden harvest for turmeric farmers. They are getting the highest price of Rs 16,700 per quintal this season," Armoor market yard secretary M Bansilal told TOI.

M Gangadhar, a farmer of Pipri in Armoor mandal, said of the Rs 5 lakh profit he made, he spent Rs 2 lakh to purchase 10 tolas of gold.