The State government is expected to soon come to the aid of sericulture farmers and reelers who have been hit hard by the collapse in prices of cocoons during the last one month.

A host of proposals including providing support price for the cocoons and purchase of more silk yarn from reelers through Karnataka Silk Marketing Board Limited to ensure cocoon price stability came up for discussions during a meeting convened by Minister for Sericulture and Tourism S.R. Mahesh with officials of Sericulture Department and representatives of sericulture farmers’ associations in Bengaluru on Tuesday.

The government is expected to work out the modalities of the support to the sericulture industry after holding consultations with reelers on Wednesday and make an announcement on Thursday, said President of Ramanagaram Sericulture Farmers Welfare Committee Gautham Gowda, who attended the meeting.

Sericulture farmers, who were receiving a good price till about two months ago, are now facing tough times in view of the collapse in prices. Against an average price of Rs. 350 per kg of cross-breed and Rs. 450 per kg of hybrid cocoons in May, they received an average of Rs. 235 per kg and Rs. 333 per kg for cross-breed and hybrid cocoons respectively at the cocoon market in Ramanagaram on Tuesday.

Source: Read Full Article