Farmers who had excitedly planted and extended acreages under basmati rice this year have to patch up themselves to lower realisations. Prices of Pusa Basmati-1 paddy the harvesting of which just about has began are currently averaging around Rs 1,800 a quintal in most mandis of North India. There is a similar fall being reported in other aromatic long-grain varieties not technically basmati, such as Sharbati and Sugandha.
According to a field survey-cum-satellite data-based study done for the Agricultural Products Export Development Authority (APEDA), nearly 9.51 lakh hectares (lh) area has sown under basmati this year, which comprises 3.16 lh under traditional cultivars, 5.55 lh under Pusa Basmati-1 and 0.80 lh under Super.
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