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News » 23.02.2021 - India: Floriculture farmers suffer great loss due to Covid-19 lockdown

 

“Out of the 55 wedding muhurats in 2020, 23 muhurats alone fell in March, April and May, which were among the worst affected periods,” he said.

Floriculture farmers have suffered losses worth Rs 100 crore due to the lockdown and are still finding it difficult to export flowers due to increased freight charges.

India has an estimated 2,000 acre of cut flower growing area under protected cultivation, with a daily production of 30-40 lakh stems, according to the Indian Society of Floriculture Professionals (ISFP). Praveen Sharma, president of the society, said that the export markets have completely crashed with the cancellation of weddings hitting flower growers hard.

Sharma said that farmers plan their production keeping in view the summer weddings. In the absence of these weddings, which account for almost 40% of entire year’s wedding muhurats, farmers are going to find it tough, he said. To run a cut flowers farm, on an average, farmers incur average monthly expenses of Rs 1-1.25 lakh per acre. However, during the lockdown there was no revenue, but the cost to be incurred remained the same.

 

Source: www.financialexpress.com.
 


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