|| Shree Mumba Devi Prasanna ||


AGMARKNET
21 Feb 2024
Wheat : 147 Average Max Price: 3255 Min Price: 2270   |   Wheat : 147 Best Max Price: 2420 Min Price: 2420   |   Wheat : 2189 No. 1 Max Price: 2900 Min Price: 2075   |   Wheat : 2189 No. 2 Max Price: 3150 Min Price: 2105   |   Wheat : Bansi Max Price: 3801 Min Price: 2125   |   Wheat : Dara Max Price: 2820 Min Price: 2100   |   Wheat : Kalyan Max Price: 3280 Min Price: 2060   |   Wheat : Lokwan Max Price: 3305 Min Price: 45   |   Wheat : Lokwan Gujrat Max Price: 3000 Min Price: 2010   |   Wheat : Maharashtra 2189 Max Price: 2901 Min Price: 2000   |   Wheat : Mexican Max Price: 2900 Min Price: 2191   |   Wheat : Milbar Max Price: 2565 Min Price: 2250   |   Wheat : Mill Quality Max Price: 3575 Min Price: 1800   |   Wheat : PISSI Max Price: 3105 Min Price: 2400   |   Wheat : Rajasthan Tukdi Max Price: 3425 Min Price: 2000   |   Wheat : Sechor No. 1 Max Price: 3580 Min Price: 2300   |   Wheat : Sharbati Max Price: 4005 Min Price: 2450   |   Wheat : PBW-373 Max Price: 2525 Min Price: 2250   |   Wheat : Farmi Max Price: 2950 Min Price: 2750   |   Wheat : Deshi Max Price: 2900 Min Price: 2350   |   Wheat : Sona Max Price: 3500 Min Price: 3000   |   Wheat : Red Max Price: 3500 Min Price: 2900   |   Wheat : White Max Price: 5069 Min Price: 1844   |   Wheat : Local Max Price: 4526 Min Price: 1540   |   Wheat : Super Fine Max Price: 4200 Min Price: 3800   |   Wheat : Medium Fine Max Price: 2875 Min Price: 2075   |   Wheat : Medium Max Price: 3400 Min Price: 2811   |   Wheat : Sonalika Max Price: 3250 Min Price: 2450   |   Wheat : Hybrid Max Price: 2600 Min Price: 2540   |   Paddy(Dhan)(Common) : Paddy Max Price: 3950 Min Price: 1350   |   Paddy(Dhan)(Common) : Ponni Max Price: 2729 Min Price: 1960   |   Paddy(Dhan)(Common) : White Ponni Max Price: 2790 Min Price: 2069   |   Paddy(Dhan)(Common) : I.R. 36 Max Price: 2300 Min Price: 1800   |   Paddy(Dhan)(Common) : I.R. 50 Max Price: 2389 Min Price: 1785   |   Paddy(Dhan)(Common) : I.R. 64 Max Price: 2122 Min Price: 1821   |   Paddy(Dhan)(Common) : ADT 37 Max Price: 2215 Min Price: 1215   |   Paddy(Dhan)(Common) : ADT 39 Max Price: 2360 Min Price: 1447   |   Paddy(Dhan)(Common) : ADT 43 Max Price: 2570 Min Price: 1800   |   Paddy(Dhan)(Common) : AST 16 Max Price: 2230 Min Price: 2170   |   Paddy(Dhan)(Common) : 1001 Max Price: 2210 Min Price: 1780   |   Paddy(Dhan)(Common) : Papatla Max Price: 2386 Min Price: 1570   |   Paddy(Dhan)(Common) : Basumathi Max Price: 4145 Min Price: 1700   |   Paddy(Dhan)(Common) : Puspa (MR 301) Max Price: 4301 Min Price: 1921   |   Paddy(Dhan)(Common) : Sona Max Price: 2769 Min Price: 2183   |   Paddy(Dhan)(Common) : Sona Mahsuri Max Price: 2849 Min Price: 2183   |   Paddy(Dhan)(Common) : Paddy fine Max Price: 2325 Min Price: 2000   |   Paddy(Dhan)(Common) : Paddy Medium Max Price: 2240 Min Price: 2125   |   Paddy(Dhan)(Common) : Paddy Coarse Max Price: 2300 Min Price: 1715   |   Paddy(Dhan)(Common) : B P T Max Price: 2909 Min Price: 1561   |   Paddy(Dhan)(Common) : Samba Masuri Max Price: 2203 Min Price: 2183   |   Paddy(Dhan)(Common) : MTU-1001 Max Price: 2055 Min Price: 2045   |   Paddy(Dhan)(Common) : MTU-1010 Max Price: 2210 Min Price: 1801   |   Paddy(Dhan)(Common) : Swarna Masuri (New) Max Price: 2203 Min Price: 2000   |   Paddy(Dhan)(Common) : HMT Max Price: 2876 Min Price: 1423   |   Paddy(Dhan)(Common) : Sarvati Max Price: 2630 Min Price: 2400   |   Paddy(Dhan)(Common) : 1121 Max Price: 3800 Min Price: 3300   |   Paddy(Dhan)(Common) : Common Max Price: 4225 Min Price: 1640   |   Paddy(Dhan)(Common) : Fine Max Price: 2600 Min Price: 2193   |   Paddy(Dhan)(Common) : D.B. Max Price: 4011 Min Price: 3721   |   Paddy(Dhan)(Common) : Basmati 1509 Max Price: 3955 Min Price: 1500   |   Rice : 1009 Kar Max Price: 4790 Min Price: 2680   |   Rice : Coarse Max Price: 6000 Min Price: 1900   |   Rice : CR 1009 (Coarse) Boiled Max Price: 6000 Min Price: 5000   |   Rice : Fine Max Price: 7500 Min Price: 2860   |   Rice : Fine(Basmati) Max Price: 8900 Min Price: 4200   |   Rice : III Max Price: 3300 Min Price: 2100   |   Rice : IR-8 Max Price: 3800 Min Price: 3600   |   Rice : Masuri Max Price: 4250 Min Price: 3550   |   Rice : Medium Max Price: 5400 Min Price: 2800   |   Rice : Sona Mansoori Non Basmati Max Price: 3500 Min Price: 3300   |   Rice : Super Fine Max Price: 5200 Min Price: 4500   |   Rice : Sona Max Price: 5615 Min Price: 5300   |   Rice : Broken Rice Max Price: 3400 Min Price: 1800   |   Rice : Dappa Max Price: 4200 Min Price: 3800   |   Rice : Mataa Parboiled Max Price: 5000 Min Price: 4600   |   Rice : Common Max Price: 3900 Min Price: 2100   |   Maize : Deshi Red Max Price: 2600 Min Price: 1600   |   Maize : Deshi White Max Price: 2800 Min Price: 2300   |   Maize : Hybrid Red (Cattle Feed) Max Price: 2230 Min Price: 2200   |   Maize : Hybrid/Local Max Price: 2610 Min Price: 1900   |   Maize : Local Max Price: 2600 Min Price: 1500   |   Maize : White (SAFED) Max Price: 2600 Min Price: 2275   |   Maize : Yellow Max Price: 3000 Min Price: 1650   |   Maize : Hybrid Max Price: 2350 Min Price: 2000   |   Maize : Medium Max Price: 1600 Min Price: 1500   |   Maize : Maize/Corn-Organic Max Price: 2000 Min Price: 1500   |   Jowar(Sorghum) : Jowar ( White) Max Price: 5500 Min Price: 1010   |   Jowar(Sorghum) : Jowar (Yellow) Max Price: 6100 Min Price: 1500   |   Jowar(Sorghum) : Local Max Price: 5400 Min Price: 2005   |   Jowar(Sorghum) : Jowar Hybrid Max Price: 2551 Min Price: 2200   |   Jowar(Sorghum) : Red Max Price: 3400 Min Price: 1800   |   Jowar(Sorghum) : Annigeri Max Price: 2700 Min Price: 2500   |   Bengal Gram(Gram)(Whole) : Average (Whole) Max Price: 10000 Min Price: 2277   |   Bengal Gram(Gram)(Whole) : Desi (F.A.Q. Split) Max Price: 8901 Min Price: 3305   |   Bengal Gram(Gram)(Whole) : Desi (Whole) Max Price: 7000 Min Price: 4750   |   Bengal Gram(Gram)(Whole) : Gulabi Max Price: 5335 Min Price: 5335   |   Bengal Gram(Gram)(Whole) : Jawari/Local Max Price: 7500 Min Price: 4545   |   Bengal Gram(Gram)(Whole) : Kabul Small Max Price: 8500 Min Price: 6200   |   Bengal Gram(Gram)(Whole) : 999 Max Price: 5341 Min Price: 4900   |   Bengal Gram(Gram)(Whole) : Bold Max Price: 7600 Min Price: 6300   |   Black Gram (Urd Beans)(Whole) : Rajkot T-9 Max Price: 8520 Min Price: 7470   |   Black Gram (Urd Beans)(Whole) : Desi Max Price: 9505 Min Price: 5705   |   Black Gram (Urd Beans)(Whole) : Black Gram (Whole) Max Price: 13800 Min Price: 2370   |   Black Gram (Urd Beans)(Whole) : Black Gram Dal Max Price: 9850 Min Price: 9770   |   Black Gram (Urd Beans)(Whole) : Hybrid Max Price: 9125 Min Price: 6650   |   Green Gram (Moong)(Whole) : Green (Whole) Max Price: 14500 Min Price: 5150   |   Green Gram (Moong)(Whole) : Green Gram Dhall-I Max Price: 15000 Min Price: 8255   |   Green Gram (Moong)(Whole) : Local (Whole) Max Price: 8900 Min Price: 8750   |   Green Gram (Moong)(Whole) : Bold Max Price: 11600 Min Price: 11500   |   Green Gram (Moong)(Whole) : Hybrid Max Price: 11615 Min Price: 11615   |   Green Gram (Moong)(Whole) : Local Max Price: 9145 Min Price: 5000   |   Green Gram (Moong)(Whole) : Ankola Max Price: 8559 Min Price: 7789   |   Groundnut : Big (With Shell) Max Price: 7300 Min Price: 4400   |   Groundnut : Bold Kernel Max Price: 10924 Min Price: 4500   |   Groundnut : Gungri (With Shell) Max Price: 7199 Min Price: 5400   |   Groundnut : JL-24 Max Price: 6855 Min Price: 5055   |   Groundnut : Balli/Habbu Max Price: 8400 Min Price: 3612   |   Groundnut : Gejje Max Price: 7469 Min Price: 1770   |   Groundnut : Hybrid Max Price: 7650 Min Price: 6900   |   Groundnut : Bold Max Price: 6715 Min Price: 4055   |   Groundnut : Local Max Price: 7460 Min Price: 3151   |   Groundnut : G20 Max Price: 6930 Min Price: 4005   |   Sesamum(Sesame,Gingelly,Til) : 95/5 Max Price: 13400 Min Price: 13200   |   Sesamum(Sesame,Gingelly,Til) : Red Max Price: 12700 Min Price: 10000   |   Sesamum(Sesame,Gingelly,Til) : White Max Price: 16175 Min Price: 7750   |   Sesamum(Sesame,Gingelly,Til) : Black Max Price: 17519 Min Price: 8250   |   Sesamum(Sesame,Gingelly,Til) : Sesame Max Price: 13301 Min Price: 11095   |   Mustard : Lohi Black Max Price: 5580 Min Price: 4300   |   Mustard : Rai UP Max Price: 6850 Min Price: 5500   |   Mustard : Sarson(Black) Max Price: 6435 Min Price: 3500   |   Mustard : Yellow (Black) Max Price: 6050 Min Price: 4195   |   Mustard : Mustard Max Price: 6000 Min Price: 2305   |   Mustard : Big 100 Kg Max Price: 5020 Min Price: 3750   |   Mustard : Mustard-Organic Max Price: 5025 Min Price: 4215   |   Soyabean : Local Max Price: 3875 Min Price: 3875   |   Soyabean : Yellow Max Price: 4940 Min Price: 1000   |   Soyabean : Black Max Price: 4290 Min Price: 3960   |   Soyabean : Soyabeen Max Price: 6500 Min Price: 500   |   Soyabean : Soybean-Organic Max Price: 4565 Min Price: 3000   |   Sunflower : Bold Max Price: 6400 Min Price: 3210   |   Sunflower : Sunflower Max Price: 4489 Min Price: 3300   |   Sunflower : Local Max Price: 4200 Min Price: 3800   |   Cotton : H-4(A) 27mm FIne Max Price: 6825 Min Price: 6600   |   Cotton : Shanker 6 (B) 30mm FIne Max Price: 7705 Min Price: 5000   |   Cotton : LH-1556 Max Price: 7709 Min Price: 3006   |   Cotton : F-1054 Max Price: 7600 Min Price: 6800   |   Cotton : Desi Max Price: 7500 Min Price: 5250   |   Cotton : American Max Price: 7050 Min Price: 4400   |   Cotton : Cotton (Unginned) Max Price: 7560 Min Price: 5390   |   Cotton : H.B (Unginned) Max Price: 7430 Min Price: 5005   |   Cotton : MCU 5 Max Price: 6200 Min Price: 4400   |   Cotton : Bramha Max Price: 6920 Min Price: 6620   |   Cotton : Bunny Max Price: 7361 Min Price: 4900   |   Cotton : Local Max Price: 7580 Min Price: 5000   |   Cotton : RCH-2 Max Price: 7100 Min Price: 6350   |   Cotton : Narma BT Cotton Max Price: 7500 Min Price: 6150   |   Jute : TD-5 Max Price: 5250 Min Price: 4800   |   Apple : American Max Price: 10000 Min Price: 938   |   Apple : Delicious Max Price: 15000 Min Price: 938   |   Apple : Kasmir/Shimla - II Max Price: 12000 Min Price: 4800   |   Apple : Kullu Royal Delicious Max Price: 10000 Min Price: 1500   |   Apple : Red Gold Max Price: 2940 Min Price: 2800   |   Apple : Royal Delicious Max Price: 9000 Min Price: 3500   |   Apple : Simla Max Price: 7275 Min Price: 2700   |   Apple : Apple Max Price: 23000 Min Price: 3000   |   Orange : Darjeeling Max Price: 12000 Min Price: 2000   |   Orange : Medium Max Price: 7200 Min Price: 2370   |   Orange : Nagpuri Max Price: 6500 Min Price: 2100   |   Orange : Orange Max Price: 10000 Min Price: 1000   |   Banana : Besrai Max Price: 2700 Min Price: 2660   |   Banana : Champa Max Price: 1500 Min Price: 1400   |   Banana : Khandesh Max Price: 1201 Min Price: 650   |   Banana : Medium Max Price: 4400 Min Price: 800   |   Banana : Rasa Bale Max Price: 4000 Min Price: 3600   |   Banana : Nendra Bale Max Price: 6200 Min Price: 1000   |   Banana : Banana - Ripe Max Price: 6500 Min Price: 1000   |   Banana : Red Banana Max Price: 6300 Min Price: 3000   |   Banana : Rasakathai Max Price: 5000 Min Price: 4000   |   Banana : Poovan Max Price: 6000 Min Price: 1500   |   Banana : Robusta Max Price: 3900 Min Price: 1000   |   Banana : Palayamthodan Max Price: 5000 Min Price: 900   |   Banana : Amruthapani Max Price: 3000 Min Price: 1650   |   Banana : Desi(Bontha) Max Price: 1100 Min Price: 900   |   Mango : Safeda Max Price: 15000 Min Price: 6667   |   Mango : Hapus(Alphaso) Max Price: 30000 Min Price: 10000   |   Mango : Neelam Max Price: 20000 Min Price: 13000   |   Pineapple : Pine Apple Max Price: 8000 Min Price: 1400   |   Grapes : Annabesahai Max Price: 6800 Min Price: 2000   |   Grapes : Black Max Price: 10000 Min Price: 2000   |   Grapes : Green Max Price: 10000 Min Price: 2500   |   Grapes : White Max Price: 10000 Min Price: 3600   |   Onion : Bellary Max Price: 1100 Min Price: 1100   |   Onion : Nasik Max Price: 3000 Min Price: 920   |   Onion : Pole Max Price: 1870 Min Price: 400   |   Onion : Red Max Price: 3100 Min Price: 100   |   Onion : Beelary-Red Max Price: 2000 Min Price: 1800   |   Onion : White Max Price: 2500 Min Price: 1030   |   Onion : Bangalore-Samall Max Price: 1800 Min Price: 1000   |   Onion : Pusa-Red Max Price: 2600 Min Price: 1200   |   Onion : Local Max Price: 3000 Min Price: 200   |   Onion : Onion Max Price: 6000 Min Price: 150   |   Onion : Puna Max Price: 2700 Min Price: 500   |   Onion : Telagi Max Price: 1650 Min Price: 250   |   Onion : Big Max Price: 3800 Min Price: 1800   |   Onion : Medium Max Price: 25000 Min Price: 300   |   Onion : Small Max Price: 4400 Min Price: 1800   |   Onion : 1st Sort Max Price: 4500 Min Price: 400   |   Potato : (Red Nanital) Max Price: 5000 Min Price: 500   |   Potato : Chandermukhi Max Price: 1050 Min Price: 700   |   Potato : Desi Max Price: 2000 Min Price: 400   |   Potato : F.A.Q. Max Price: 900 Min Price: 600   |   Potato : Haldwani Max Price: 850 Min Price: 760   |   Potato : Red Max Price: 1400 Min Price: 700   |   Potato : Jalander Max Price: 2000 Min Price: 600   |   Potato : Jyoti Max Price: 2500 Min Price: 600   |   Potato : Badshah Max Price: 1010 Min Price: 650   |   Potato : Local Max Price: 3000 Min Price: 205   |   Potato : Potato Max Price: 5000 Min Price: 200   |   Potato : Chips Max Price: 1600 Min Price: 550   |   Potato : Kufri Megha Max Price: 820 Min Price: 400   |   Garlic : Average Max Price: 300080 Min Price: 3000   |   Garlic : Desi Max Price: 18000 Min Price: 1700   |   Garlic : Garlic Max Price: 34000 Min Price: 977   |   Garlic : UP Max Price: 13100 Min Price: 12900   |   Garlic : Garlic-Organic Max Price: 12691 Min Price: 4000   |   Chili Red : Bold Max Price: 15400 Min Price: 4500   |   Chili Red : Red Max Price: 22000 Min Price: 7100   |   Ginger(Dry) : Dry Max Price: 33500 Min Price: 7500   |   Ginger(Dry) : Vegitable-fresh Max Price: 12500 Min Price: 8000   |   Ginger(Dry) : Big/Thick Max Price: 11000 Min Price: 9000   |   Bajra(Pearl Millet/Cumbu) : Bold Max Price: 2868 Min Price: 2100   |   Bajra(Pearl Millet/Cumbu) : Deshi Max Price: 2505 Min Price: 1705   |   Bajra(Pearl Millet/Cumbu) : Hybrid Max Price: 3500 Min Price: 1750   |   Bajra(Pearl Millet/Cumbu) : Local Max Price: 2530 Min Price: 1935   |   Bajra(Pearl Millet/Cumbu) : Small Max Price: 2600 Min Price: 2460   |   Barley (Jau) : Dara Max Price: 2400 Min Price: 1850   |   Barley (Jau) : Deshi Max Price: 1800 Min Price: 1800   |   Ragi (Finger Millet) : Fine Max Price: 4600 Min Price: 4100   |   Ragi (Finger Millet) : Local Max Price: 3725 Min Price: 2805   |   Ragi (Finger Millet) : Red Max Price: 4500 Min Price: 3500   |   Ragi (Finger Millet) : Hybrid Max Price: 3105 Min Price: 2501   |   Ragi (Finger Millet) : Feeds (Poultry Quality) Max Price: 4200 Min Price: 4100   |   Cauliflower : African Sarson Max Price: 6200 Min Price: 500   |   Cauliflower : Local Max Price: 5500 Min Price: 600   |   Cauliflower : Cauliflower Max Price: 6000 Min Price: 250   |   Brinjal : Round Max Price: 3000 Min Price: 500   |   Brinjal : Round/Long Max Price: 5000 Min Price: 550   |   Brinjal : Arkasheela Mattigulla Max Price: 4500 Min Price: 800   |   Brinjal : Brinjal Max Price: 6000 Min Price: 600   |   Black pepper : Malabar Max Price: 54561 Min Price: 30000   |   Black pepper : Ungrabled Max Price: 57000 Min Price: 50000   |   Black pepper : Garbled Max Price: 60000 Min Price: 53500   |   Turmeric : Finger Max Price: 14903 Min Price: 4019   |   Turmeric : Turmeric Stick Max Price: 21000 Min Price: 17000   |   Turmeric : Bulb Max Price: 12929 Min Price: 8562   |   Cummin Seed(Jeera) : Cummin Seed(Jeera) Max Price: 35400 Min Price: 10875   |   Cummin Seed(Jeera) : Medium Max Price: 31500 Min Price: 23500   |   Coriander(Leaves) : Local Max Price: 5069 Min Price: 5069   |   Coriander(Leaves) : Coriander Max Price: 12000 Min Price: 300   |   Methi(Leaves) : Methi Max Price: 5452 Min Price: 500   |   Methi Seeds : Methiseeds Max Price: 9000 Min Price: 1000   |   Arhar (Tur/Red Gram)(Whole) : Arhar (Whole) Max Price: 10671 Min Price: 4110   |   Arhar (Tur/Red Gram)(Whole) : Arhar Dal(Tur) Max Price: 11000 Min Price: 4601   |   Arhar (Tur/Red Gram)(Whole) : 777 New Ind Max Price: 9500 Min Price: 7000   |   Arhar (Tur/Red Gram)(Whole) : Desi(Whole) Max Price: 9390 Min Price: 9350   |   Arhar (Tur/Red Gram)(Whole) : Small (Whole) Max Price: 9000 Min Price: 7250   |   Arhar (Tur/Red Gram)(Whole) : Local Max Price: 10909 Min Price: 2005   |   Arhar (Tur/Red Gram)(Whole) : Hybrid Max Price: 9800 Min Price: 5850   |   Arhar (Tur/Red Gram)(Whole) : Red Max Price: 10589 Min Price: 7089   |   Arhar (Tur/Red Gram)(Whole) : Tur/Arhar-Organic Max Price: 10452 Min Price: 8500   |   Green Peas : Green Peas Max Price: 12000 Min Price: 1000   |   Green Peas : Gemin Peas Dal Max Price: 2700 Min Price: 800   |   Green Peas : White Fozi Max Price: 4050 Min Price: 3950   |   Safflower : Safflower Max Price: 4400 Min Price: 3500   |   Lentil (Masur)(Whole) : Masur Dal Max Price: 10300 Min Price: 2000   |   Lentil (Masur)(Whole) : Kala Masoor New Max Price: 7000 Min Price: 3100   |   Lentil (Masur)(Whole) : Masoor Gola Max Price: 7200 Min Price: 5650   |   Field Pea : Field Pea Max Price: 6000 Min Price: 1550   |   Toria : Toria Max Price: 4900 Min Price: 4800   |   Chikoos(Sapota) : Sapota Max Price: 5000 Min Price: 2000   |   Papaya : Papaya Max Price: 4800 Min Price: 182   |   Water Melon : Water Melon Max Price: 3000 Min Price: 1500   |   Guar : Gwar Max Price: 10000 Min Price: 3150   |   Mousambi(Sweet Lime) : Mousambi Max Price: 6000 Min Price: 700   |   Tomato : Deshi Max Price: 4500 Min Price: 400   |   Tomato : Local Max Price: 3200 Min Price: 200   |   Tomato : Hybrid Max Price: 4000 Min Price: 400   |   Tomato : Tomato Max Price: 5000 Min Price: 231   |   Cluster beans : Cluster Beans Max Price: 8000 Min Price: 2000   |   Bitter gourd : Bitter Gourd Max Price: 10000 Min Price: 750   |   Bottle gourd : Bottle Gourd Max Price: 9000 Min Price: 200   |   Ashgourd : Ashgourd Max Price: 78080 Min Price: 900   |   Pumpkin : Pumpkin Max Price: 5000 Min Price: 500   |   Bhindi(Ladies Finger) : Bhindi Max Price: 9000 Min Price: 750   |   Amaranthus : Amaranthus Max Price: 8500 Min Price: 1800   |   Green Chilli : Green Chilly Max Price: 11000 Min Price: 1000   |   Chilly Capsicum : Chilly Capsicum Max Price: 4400 Min Price: 1500   |   Cowpea(Veg) : Cowpea (Veg) Max Price: 8000 Min Price: 2100   |   Banana - Green : Banana - Green Max Price: 7000 Min Price: 800   |   Cowpea (Lobia/Karamani) : Cowpea (Whole) Max Price: 10000 Min Price: 4500   |   Cowpea (Lobia/Karamani) : Jawari/Local Max Price: 7068 Min Price: 2012   |   Mataki : Mataki (W) Max Price: 7315 Min Price: 1870   |   Beans : Beans (Whole) Max Price: 7200 Min Price: 2000   |   Lak(Teora) : Lak (Whole) Max Price: 10250 Min Price: 9675   |   Tapioca : Tapioca Max Price: 5000 Min Price: 1600   |   Amphophalus : Amphophalus Max Price: 7000 Min Price: 5000   |   Ginger(Green) : Green Ginger Max Price: 20000 Min Price: 1410   |   Corriander seed : Coriander Seed Max Price: 19000 Min Price: 2755   |   Corriander seed : A-1, Green Max Price: 11250 Min Price: 5485   |   Corriander seed : Full Green Max Price: 11130 Min Price: 5505   |   Corriander seed : Medium Green Max Price: 10005 Min Price: 6500   |   Coconut Seed : Coconut Seed Max Price: 4300 Min Price: 1670   |   Kulthi(Horse Gram) : Horse gram (Whole) Max Price: 9800 Min Price: 2114   |   Kulthi(Horse Gram) : Fine Max Price: 5460 Min Price: 5111   |   Karamani : Karamani Max Price: 5399 Min Price: 5399   |   Kodo Millet(Varagu) : Varagu Max Price: 3169 Min Price: 2000   |   Hybrid Cumbu : Hybrid Cumbu Max Price: 6100 Min Price: 2419   |   T.V. 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Policy + Research


Incentivising Agri-Seed Research & Development: Key to Food Security

Incentivising Agri-Seed Research & Development: Key to Food Security

A robust seed system for agriculture is of fundamental importance to the health of the nation. Food & nutrition security continues to need attention in India, with a burgeoning population of approximately 1.4 billion to feed.

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NEW DELHI, 23 March 2023: A robust seed system for agriculture is of fundamental importance to the health of the nation. Food & nutrition security continues to need attention in India, with a burgeoning population of approximately 1.4 billion to feed.

Multiple biotic and abiotic stresses on our crops and natural resources are further exacerbated by the impact of climate change, amongst other factors.

The food security situation in South Asia poses great risk to the stability of the whole region, with recent crises in Sri Lanka, Bangladesh, and ongoing crisis in Pakistan serving as concrete examples of the need for increasing investment in research & development to strengthen food security in the region.

Multilateral organizations have been discussing the potential threats from a national security perspective, wherein they seek to help mitigate through collaborative mechanisms. Yet, this calls to questions the notion of national & scientific sovereignty in food and agriculture, especially with seeds and planting material, which is currently the mainframe of the prevalent doctrine of Atmanirbhar Bharat.

Furthermore, due to the focus on building resilience and the Prime Minister, Narendra Modi’s focus on being self-reliant, stakeholders in India are seeking to establish solutions to mitigate these threats and grow opportunities domestically in developing seeds that could strengthen the Indian agricultural value chain.

In this context, over multiple engagements undertaken through the Policy Advocacy Research Centre (PARC), it was understood that work needs to begin with increased research and focused development of high-quality seeds.

Crop Improvement research is driven in some crop by public research but the importance of private sector in seed research has grown multifold in the last two decades. Hence the need to incentivize private sector to invest more in this space has never been greater.

Globally, the average spend by private sector seed companies on research & development (R&D) ranged between 10 percent-12 percent of revenue, whereas in India it amounted to approximately 3 percent. Given India’s ambitions of becoming a global super-power and agriculture being a fundamental element of the global economy, incentivizing R&D with a thrust given to the Indian private seed sector, could yield socio-economic multiplier effects, while mitigating emerging risks to the food chain.

Subsidies supporting private sector R&D for seeds are currently not viable, given the strains of national finances. Furthermore, multiple factors have laid pressure on the exchequer to control food price inflation with productivity & planning often at stake due to the factors mentioned earlier. Poor yields and failing crops due to disease, pests or climate change are an indicator of the challenges that need to be addressed on war footing.

Through primary research undertaken by PARC, the study shows that incentivisation mechanisms through increasing tax rebates for expenses incurred by seed companies on R&D expenses would encourage enterprises to commit more resources. Furthermore, when engaging with MSME enterprises, who focus more on undertaking R&D activities of indigenous & region-specific seed crops, most respondents opined that their growth & survival depended on differentiation, achievable only through more R&D.

Between 2016 & 2020, tax rebates on R&D for seeds (biotechnology) fell from 200 percent to 150 percent and currently stands at 100 percent. Research in seeds often carries tremendous risk as the outcomes desired are not always achieved, but should not be discouraged.

Furthermore, it is a lengthy & time-consuming process which usually takes up to 7 years wherein the testing protocols have to be devised across the diverse agro-climatic zones prevalent across India.

Given the thrust needed to encourage investments in R&D and the current situation when subsidized research is not financially viable, the PARC study suggests that a reinstatement of 200 percent tax rebate on R&D expenses incurred by seed companies would ensure required cash flows to increase their investments in R&D.

To ensure that the Indian seed sector maintains parity with their global & regional counterparts, most of whom have access to institutionalised foreign investment in R&D coupled with technology transfers, the reinstatement of 200 percent tax rebate on R&D for Indian private seed sector companies would offer incentives for further increasing investments.

As opined by the Federation of Seed Industry of India (FSII), the Indian seed industry is valued at approximately INR 22,000 crore and registering growth year-on-year, yet this accounts for a dismal 5 percent share of the global seed market. With the falling share in seeds production by the Indian public seed sector from 42.72 percent in 2017-18 to 35.54 percent in 2020-21, the private seed sector share increased from 57.28 percent to 64.46 percent in the same period. 

With multiple submissions on the need to develop seeds during deliberations prior to multiple state agriculture budgets across India during February & March 23 for the fiscal year 2023-24, farmer bodies & other concerned stakeholders have voiced concerns for better quality seeds that help them address their productivity, the resilience to climate change, amongst other factors.

Beyond this, multiple debates and dialogues have been emerging with growing fervour amidst stakeholders within the bureaucracy, the political establishment, the agriculture value chain, policy makers and the wider public at large.

When contacted Vikram Sankaranarayanan- Executive Director, PARC stated that ‘unless we bring strong fiscal incentives for R&D, our study suggests that India’s competitiveness at the global stage would be lagging   and Indian private seed companies, some of whom have prominent global operations, would commit more resources should they enjoy targeted incentives for investing in research to develop better seed varieties’. Furthermore, the lead economist for the PARC study, Banisha Begum Shaikh opined that fiscal incentives supporting R&D would assist the private seed sector for further modernizing labs at par with their advanced economy counterparts’.

In view of India’s ambitions of being competitive through building self-reliance & resilience coupled with ensuring future food & nutrition security, fiscal incentivisation of R&D through the reinstatement of 200 percent tax rebate would be a progressive & affordable measure to undertake. This should be backed by a strong regulatory framework which will govern the processes for gaining access to the rebate in a transparent and auditable manner.

It is also worth considering funding large scale PPP projects between public and private research organizations on crops of national importance like Oilseeds and Pulses where the historical investments have been low. This two-pronged approach of encouraging private investment in seed research will help the country in this decade and beyond.

Image credit: kenresearch.com


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