|| Shree Mumba Devi Prasanna ||


AGMARKNET
16 Jun 2024
Wheat : 147 Average Max Price: 2380 Min Price: 2375   |   Wheat : Dara Max Price: 2560 Min Price: 2302   |   Wheat : Local Max Price: 2300 Min Price: 2300   |   Wheat : Sonalika Max Price: 2950 Min Price: 2700   |   Paddy(Dhan)(Common) : Paddy fine Max Price: 2240 Min Price: 1950   |   Paddy(Dhan)(Common) : MTU-1010 Max Price: 2080 Min Price: 2000   |   Paddy(Dhan)(Common) : Common Max Price: 2076 Min Price: 1500   |   Rice : Fine Max Price: 4450 Min Price: 4300   |   Rice : Masuri Max Price: 3500 Min Price: 3300   |   Rice : Common Max Price: 3450 Min Price: 3300   |   Maize : Hybrid Max Price: 2105 Min Price: 2100   |   Bengal Gram(Gram)(Whole) : Bold Max Price: 7600 Min Price: 7500   |   Green Gram (Moong)(Whole) : Bold Max Price: 11600 Min Price: 11500   |   Groundnut : Bold Max Price: 5600 Min Price: 5600   |   Mustard : Mustard Max Price: 5700 Min Price: 5450   |   Apple : Delicious Max Price: 9750 Min Price: 8500   |   Banana : Nendra Bale Max Price: 7000 Min Price: 6800   |   Banana : Banana - Ripe Max Price: 3250 Min Price: 2060   |   Banana : Palayamthodan Max Price: 3000 Min Price: 2000   |   Mango : Dusheri Max Price: 2925 Min Price: 2825   |   Onion : Nasik Max Price: 3200 Min Price: 2000   |   Onion : Red Max Price: 2250 Min Price: 1100   |   Onion : Pusa-Red Max Price: 2140 Min Price: 2050   |   Onion : Onion Max Price: 4000 Min Price: 2500   |   Onion : Big Max Price: 4200 Min Price: 4000   |   Onion : Small Max Price: 6700 Min Price: 6500   |   Potato : Desi Max Price: 2100 Min Price: 1000   |   Potato : Jalander Max Price: 3000 Min Price: 2900   |   Potato : Jyoti Max Price: 2160 Min Price: 2100   |   Potato : Badshah Max Price: 1870 Min Price: 1790   |   Potato : Local Max Price: 2900 Min Price: 2700   |   Potato : Potato Max Price: 3800 Min Price: 400   |   Potato : Kufri Megha Max Price: 1850 Min Price: 1790   |   Garlic : Average Max Price: 20000 Min Price: 19900   |   Garlic : Desi Max Price: 10675 Min Price: 9100   |   Garlic : Garlic Max Price: 6450 Min Price: 6100   |   Cauliflower : Cauliflower Max Price: 8000 Min Price: 800   |   Brinjal : Round Max Price: 7000 Min Price: 6800   |   Brinjal : Round/Long Max Price: 7000 Min Price: 600   |   Brinjal : Brinjal Max Price: 5000 Min Price: 1340   |   Coriander(Leaves) : Coriander Max Price: 16600 Min Price: 16500   |   Field Pea : Field Pea Max Price: 6500 Min Price: 5500   |   Papaya : Papaya Max Price: 3340 Min Price: 3160   |   Water Melon : Water Melon Max Price: 1310 Min Price: 1250   |   Guar : Gwar Max Price: 12500 Min Price: 8000   |   Tomato : Deshi Max Price: 1900 Min Price: 600   |   Tomato : Local Max Price: 5600 Min Price: 2600   |   Tomato : Hybrid Max Price: 1680 Min Price: 935   |   Tomato : Tomato Max Price: 7000 Min Price: 3000   |   Cluster beans : Cluster Beans Max Price: 6000 Min Price: 5500   |   Bitter gourd : Bitter Gourd Max Price: 6600 Min Price: 1330   |   Bottle gourd : Bottle Gourd Max Price: 2500 Min Price: 500   |   Ashgourd : Ashgourd Max Price: 3200 Min Price: 2200   |   Pumpkin : Pumpkin Max Price: 2800 Min Price: 815   |   Bhindi(Ladies Finger) : Bhindi Max Price: 6000 Min Price: 1225   |   Amaranthus : Amaranthus Max Price: 9000 Min Price: 8800   |   Green Chilli : Green Chilly Max Price: 12000 Min Price: 2275   |   Cowpea(Veg) : Cowpea (Veg) Max Price: 9200 Min Price: 7900   |   Banana - Green : Banana - Green Max Price: 5800 Min Price: 4800   |   Ginger(Green) : Green Ginger Max Price: 15000 Min Price: 7100   |   Coconut Seed : Coconut Seed Max Price: 4000 Min Price: 3000   |   Coconut : Coconut Max Price: 2550 Min Price: 2000   |   Carrot : Carrot Max Price: 6000 Min Price: 2500   |   Cabbage : Cabbage Max Price: 4000 Min Price: 1250   |   Snakeguard : Snakeguard Max Price: 4300 Min Price: 2800   |   Beetroot : Beetroot Max Price: 6000 Min Price: 2700   |   Cucumbar(Kheera) : Cucumbar Max Price: 6100 Min Price: 1035   |   Ridgeguard(Tori) : Ridgeguard(Tori) Max Price: 6100 Min Price: 2170   |   Capsicum : Capsicum Max Price: 9000 Min Price: 8800   |   Drumstick : Drumstick Max Price: 6000 Min Price: 3800   |   Mango (Raw-Ripe) : Mango - Raw-Ripe Max Price: 4000 Min Price: 3000   |   Sweet Pumpkin : Sweet Pumpkin Max Price: 1600 Min Price: 1200   |   Jack Fruit : Jack Fruit Max Price: 2130 Min Price: 2070   |   Karbuja(Musk Melon) : Karbhuja Max Price: 1880 Min Price: 1820   |   Pomegranate : Pomogranate Max Price: 7250 Min Price: 7000   |   French Beans (Frasbean) : French Beans (Frasbean) Max Price: 8100 Min Price: 8000   |   Indian Beans (Seam) : Indian Beans (Seam) Max Price: 9700 Min Price: 8700   |   Pointed gourd (Parval) : Pointed gourd (Parval) Max Price: 6100 Min Price: 3520   |   Kartali (Kantola) : Kartali (Kantola) Max Price: 8100 Min Price: 7900   |   Lemon : Lemon Max Price: 7150 Min Price: 3850   |   Sponge gourd : Sponge gourd Max Price: 6000 Min Price: 950   |   Colacasia : Colacasia Max Price: 1900 Min Price: 1700   |   Peas(Dry) : Peas(Dry) Max Price: 4200 Min Price: 4000   |   Litchi : Litchi Max Price: 8000 Min Price: 7000   |  

Women in Agriculture


How Indian Farmers can benefit from Red Sandalwood farming

How Indian Farmers can benefit from Red Sandalwood farming

Red sandalwood, a prized wood known for its vibrant color and aromatic properties, has captivated artisans and perfumers for centuries.

Share with : Facebook Whatsapp Twitter Linkedin

CHENNAI, 20 May 2024: Red sandalwood, a prized wood known for its vibrant color and aromatic properties, has captivated artisans and perfumers for centuries.

However, due to overexploitation and strict regulations, its cultivation in India remains a complex issue. This report delves into the potential benefits and challenges associated with red sandalwood farming, exploring how Indian farmers can navigate this unique opportunity.

A Lucrative Gamble: The Benefits of Red Sandalwood Farming

For farmers willing to take on a long-term commitment, red sandalwood cultivation offers several enticing benefits:

  • High Market Value: Mature red sandalwood can fetch exceptionally high prices, ranging from Rs. 3,000 to Rs. 7,000 per kilogram. A single tree, if well-maintained, can generate substantial revenue after 10-15 years.
  • Low Maintenance: Once established, red sandalwood trees require minimal care, thriving in dry climates with well-drained, slightly acidic soil. This allows for intercropping with other crops in the initial years, generating additional income.
  • Investment Potential: Red sandalwood plantations are considered a valuable long-term investment. The land value associated with these plantations appreciates significantly over time, offering financial security for farmers.

A Geographical Dance: Where Red Sandalwood Flourishes

Red sandalwood has a specific geographical preference, with certain Indian states providing ideal conditions for its growth:

  • Southern Sojourn: Andhra Pradesh, particularly the Seshachalam Hills, is the historical heart of red sandalwood cultivation in India. The state's dry climate and rocky terrain are perfectly suited for this resilient tree.
  • Eastern Edge: Parts of Tamil Nadu and Karnataka, bordering the Eastern Ghats, offer suitable conditions for red sandalwood growth. However, these regions have stricter regulations due to past exploitation.

Government Regulations: Balancing Growth and Conservation

The Indian government has historically implemented strict controls on red sandalwood due to rampant smuggling and deforestation. However, recognizing its economic potential, some states have begun promoting its controlled cultivation:

  • Relaxed Regulations: States like Andhra Pradesh have eased restrictions, allowing farmers to cultivate red sandalwood on private land with proper permits. This shift offers a promising avenue for regulated and sustainable production.
  • Subsidy Programs: While limited, certain government schemes offer subsidies for planting red sandalwood, encouraging responsible cultivation practices.

The Global Market Beckons: Can Indian Farmers Take Center Stage?

The global market for red sandalwood is estimated to reach USD 500 million by 2025, driven by its demand in luxury furniture, traditional medicine, and cosmetics. Here's how Indian farmers can position themselves as key players:

  • Sustainable Practices: Obtaining certifications like FSC can demonstrate responsible sourcing and attract premium prices from international buyers.
  • Value Addition: Exploring avenues like essential oil extraction or crafting high-value sandalwood products can maximize profits for farmers.
  • Cooperative Farming: Small-scale farmers can form cooperatives to collectively manage resources, access better infrastructure, and negotiate fairer prices in the international market.

Challenges and Considerations: A Measured Approach

Despite its allure, red sandalwood farming comes with significant challenges:

  • Stringent Regulations: Obtaining permits and navigating complex regulations can be a hurdle for potential farmers.
  • Long Gestation Period: The wait for mature trees (10-15 years) demands patience and alternative sources of income during the interim.
  • Illegal Activities: The presence of smuggling rings necessitates vigilant security measures to protect plantations.

Red sandalwood farming presents a complex opportunity for Indian agriculture. While the potential financial rewards are substantial, the long-term commitment, strict regulations, and threat of illegal activities require careful consideration.

Through a combination of government support, sustainable practices, and value addition, Indian farmers can potentially cultivate a thriving red sandalwood industry, ensuring environmental responsibility and economic prosperity. However, navigating this path demands a cautious and well-informed approach.


© Copyright 2024 Agriculture Times. All rights reserved. Republication or redistribution of Agriculture Times content, including by framing or similar means, is expressly prohibited without the prior written consent.

Support our venture and help farming commmunity in India. If you want us the work better FUND US. For as little as INR 10, you can support2.jpg the AgriTimes™ and it only takes a minute. Thank you.

Partners