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Jind News: Due to reduced arrival of rice and cotton, market rates have been reduced by Rs 40 lakh from last year.

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Jind News: Due to reduced arrival of rice and cotton, market rates have been reduced by Rs 40 lakh from last year.



Cotton and rice crops arrived on the market.

  • This time the rice harvest 1121, 1509 this year reached 318660 quintals, last year it reached 394478 quintals.

(Jind News) Jind. This year, because the arrival of rice and cotton was lower than last year, the market committee’s income in the form of market commissions has been reduced. According to the data recorded in the Market Committee, this year the rice harvest 1121, 1509 has reached 318660 quintals. Last year, 394,478 quintals had arrived these days. This year the arrival of the harvest has decreased by 75,818 quintals compared to last year. Due to lower arrivals, market fees collected were also lower. So far this year, Rs 1 crore 59 lakh 25 thousand 624 market fees have been deposited, while last year Rs 1 crore 97 lakh 14 thousand 630 market fees were deposited.

This year Rs 10 lakh 70 thousand 15 were collected as market fees.

This year 37 lakh 89 thousand 6 rupees less have been deposited. Likewise, this time the arrival of cotton has reached 28,362 quintals, while last year the arrival was 39,268 quintals. This year the arrival has decreased by 10,906 quintals. This year, Rs 10 lakh 70 thousand 15 were deposited as market fees, while last year Rs 13 lakh 69 thousand 397 were deposited on these days. This year a lesser amount of Rs 2 lakh 99 thousand 382 has been deposited. Due to lower arrivals and low rice prices, market duties collected have been lower.

Farmers are definitely getting higher prices for cotton than last year, but the arrival of cotton is also lower this time. Market Committee Secretary Sandeep Kasaniya said compared to last year, market fees collected were lower due to the arrival of the harvest and low prices.

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