Sullia: Ill effect of import - Pepper market collapses completely


Daijiworld Media Network - Sullia (MS)

Sullia, Oct 19: To add on to the already reeling occupation of farming, the collapse of market rate of Pepper, which is considered as the 'Black Gold' for the growers, has caused great concern. Though the production of Pepper in the country is way below the demand, the import of the same from abroad is the reason for the downfall of the Pepper market. In India the yearly production of Pepper is around 35 to 40,000 tonne and the demand is 80,000 tonne. Even then because of the import of 70 to 80,000 tonne of cheap Pepper from Vietnam, the rate has seen a sharp decline.

The rate per kg of Pepper, which was hovering around Rs 300 to 320 is constantly falling down since the first week of October. The rate quoted for this commodity in the Puttur Campco market on Friday, October 18 was Rs 280 to 300. The market has seen a steep decrease of Rs 285 to Rs 280 in just a week.

The reason for this downfall in the market price of Pepper is the import from Vietnam, which is being done under the free trade agreement. This is imported via Sri Lanka. The production of Pepper has increased in Vietnam, due to which the rate has fallen to Rs 170 per kilo there. The yearly requirement of Pepper in Vietnam is just 5,000 tonnes, whereas their production has reached two lac tonnes.

The country is losing huge amount of import duty on Pepper. If the Pepper has to be imported directly from Vietnam to India, the importer has to pay a duty of 52%. However, if the same is imported via Sri Lanka, then the import duty is just 8%. So Vietnam is supplying Pepper to India via Sri Lanka. While Vietnam is making profit, India is losing the import duty and the Pepper growers are also losing their revenue.

The central government had brought an amendment for the import of Pepper from overseas and taken out a stringent circular not to allow Pepper inside the country for less than Rs 500 import duty in 2018. However, according to the data provided by ministry of commerce and industry, 20,265 tonne, 29,650 tonne and 24,950 tonne of Pepper was imported into the country in the fiscal of 2016-17, 2017-18 and 2018-19 respectively.

One of the Pepper growing farmer says, "The rate per quintal of Pepper was Rs 75,000 in 2015. Now it has fallen down to Rs 28,000. This means that the rate per kg which was Rs 750 in 2015 has come down to Rs 280 now. What the farmer gets is really less. The rate of retail Pepper in market is still Rs 900 per kilo."

According to S R Satishchandra, president of Campco, "If the Pepper imported from overseas is controlled for six months, the rate may climb upto Rs 400 per kilo. As the production is more in foreign countries, they are supplying at a cheap rate and that is why the market price in India has fallen badly."

  

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Comment on this article

  • KS Mayya, Mangalore/Bangalore

    Mon, Oct 21 2019

    To a large extent, Agriculture should be shielded from the capitalism in line with that followed in the advanced economies. These Governments take measure to keep the price stable in the market. Import is done on a need basis only and not to flood the market to put the farmers at the disadvantage. Let us all accept that our food basket's concern should be No. 1.

    DisAgree Agree Reply Report Abuse

  • Roshan, Mangalore

    Sun, Oct 20 2019

    Our leader preach which the don't follow. The main and latest importer of pepper is the son of the ruling party. Our govt boast a lot of make in India but never supports the local industries the result is job loss and low market price.
    300 per kilo does not even cover the cost of growing pepper. Govt discussion have help few people to make money and many to loss what they had. GDP is less than 6 and now we can't withdraw our own hard earned money. Jai hind. Any how if we saw cow we save India.

    DisAgree Agree [2] Reply Report Abuse

  • Wilfred J. Lewis, Matpady-Brahmavar/ New York, USA

    Sun, Oct 20 2019

    The financial interests of pepper growers and pepper farm employees need to be secured/ protected by the State and Central government, otherwise many people will be unemployed and the working families will suffer...

    DisAgree Agree [5] Reply Report Abuse

  • Rita, Germany

    Sun, Oct 20 2019

    Yes we are importing things which are making our market overloaded,chaeper,and make farmers suecide.Now it is Pepper,previously coconuts areca ,cashew .It can continue .why the hell govt.sop this ,when then only a limited amount?All other countries too do import but not without limit.we have to take a example.china doesnt allow any amount to come inside but let a lot out to swimm into countrys to a low rate so people buy them than own countrys product.

    DisAgree Agree [4] Reply Report Abuse

  • AS, Mangalore

    Sat, Oct 19 2019

    Huge imports of pepper from Vietnam has affected the pepper prices in India. Now who's the importer? Son of the chief of a ruling party at the center. If you tell me import from Vietnam is restricted, remember we Indians can twist and turn regulations in our favor. Import from Sri Lanka is free market. And no guesses through which ports they arrive? Of course The Add Nanis. Look how gullible we have become that we don't have a opposition and ruling party is taking its people for a jolly ride.

    DisAgree [1] Agree [13] Reply Report Abuse

  • Ramesh, Udupi

    Sat, Oct 19 2019

    When they have Pakistan to win the election, why do they care about farmers.

    DisAgree [1] Agree [15] Reply Report Abuse

  • Jossey Saldanha, Atlanta

    Sat, Oct 19 2019

    Papaya seeds have created Havoc in Pepper Market ...

    DisAgree [1] Agree [13] Reply Report Abuse

  • YOGI THUNTA, MANGALURU - NEAR PUMPWELL CIRCLE

    Sat, Oct 19 2019

    Did your MLA/MP representative is aware of the fact ! He dont have any clue with regard to the above development and loss to the farmers. These MLA MP only igniting the fire between the religion and ask for the votes but in reality they dont have any authority or help to the people.

    People should ask the question to their respective MLA MP as they only entering in politics for the power and enjoying the retirement life like YEDDY and CHIDDA

    DisAgree Agree [15] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Sat, Oct 19 2019

    People should understand that commodity prices are controlled by international factors, demand & supply! It's impossible to control them beyond a certain point! I heard in Shimla Apple prices have dropped to so low levels that they are being fed to animals!s

    When you enjoy sky high rate of 700, you should be able to tolerate lower prices too!

    DisAgree [11] Agree [6] Reply Report Abuse

  • Ram Bakth, Belthangady

    Sat, Oct 19 2019

    Mandir wahi banega

    DisAgree [3] Agree [12] Reply Report Abuse

  • Anil, Dubai

    Sat, Oct 19 2019

    Boda seera ....
    nanala win manpule ... !!! ... yeth boda aath seera korper.... !!!

    DisAgree [2] Agree [38] Reply Report Abuse

  • peshu, Manipal

    Sat, Oct 19 2019

    Namage Mele MODI bandare ayitu...
    kelage loacal alli yaru win/defeat namage beda!

    DisAgree [5] Agree [20] Reply Report Abuse

  • RonRon, Udupi

    Sat, Oct 19 2019

    Boss.... this is new India. People need to sacrifice to attain 5 Trillion economy.... or else go to Pakistan

    DisAgree [12] Agree [33] Reply Report Abuse

  • Shashidhar poonja, Mangalore

    Sat, Oct 19 2019

    These sacrifices will end up making Vietnam a 5 trillion dollar economy

    DisAgree Agree [35] Reply Report Abuse

  • abdul munim, mangaluru

    Sat, Oct 19 2019

    Sullia, puttur and beltangady taluks of DK district comparatively backward in development both in the infrastructure as well the minds of people of these taluks.

    Most of the half pants, who now wear full pants are from these taluks.

    It is good that the pepper rate has fallen. All the cash crops will suffer because of chai seller led govt and a dosa-idli madam as finance minister.

    Still we will vote for moody

    DisAgree [5] Agree [40] Reply Report Abuse

  • Dsouza, Mudarangadi/Udupi

    Sat, Oct 19 2019

    Congrts modi & bsy....

    DisAgree [2] Agree [33] Reply Report Abuse

  • Af,,, MANGALORE

    Sat, Oct 19 2019

    Modige otthi , infact most of the sullia people are voted for modi, abh bogatlo. ee janarige buddi baruvdu yavaga.

    DisAgree [1] Agree [29] Reply Report Abuse

  • Elwyn Goveas, Valencia

    Sat, Oct 19 2019

    This finance minister Nirmala is clueless about this economy and she has failed miserably.
    Time to consult our Intelligent and our former Manmohan singh to consult him.
    The learned economist who can take India to greater India.

    DisAgree [2] Agree [31] Reply Report Abuse

  • Shankar, Mangaluru

    Sat, Oct 19 2019

    The point to be noted is, even we sell at Rs.100.00/kg, we still make some profit.
    So do not cry for falling rates. If it falls below 70.00/kg, then you have a point to cry!

    DisAgree [62] Agree [11] Reply Report Abuse

  • RAHUL, MANGALORE

    Sat, Oct 19 2019

    People who are cultivating pepper know why they are crying.
    how you know? their sorrows.

    DisAgree [2] Agree [39] Reply Report Abuse

  • MAX, BELTHANGADY

    Sat, Oct 19 2019

    if you would have been agriculturist you would not wrote like this. All the politicians say that "Farmer is the Back bone of country" but now a days all the governments "breaking the back bone of the farmer"

    DisAgree Agree [25] Reply Report Abuse

  • Sahil, Mangaluru

    Sat, Oct 19 2019

    Make in India just written on Wall.
    We import from China and many other country. Why can't encourage export and encourage farmer.

    DisAgree Agree [36] Reply Report Abuse

  • Rolf, Dubai

    Sat, Oct 19 2019

    Those people who do not take responsibility for their family. cannot understand the pain.

    DisAgree [1] Agree [37] Reply Report Abuse

  • abdul munim, mangaluru

    Sat, Oct 19 2019

    typical pakoda comment by half pant turned full pant bhakt..Mundasu mola muvatheradu type comment. Enjoy madi

    DisAgree [1] Agree [24] Reply Report Abuse

  • Rupesh, Mumbai/ Mangalore

    Sat, Oct 19 2019

    Vote for BJP..

    DisAgree [7] Agree [54] Reply Report Abuse


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