Totagars’ Co-operative Sale Society begins arecanut procurement from growers

Thinking of the position becoming played by arecanut in regional economies, a single more arecanut co-operative has occur ahead to procure the commodity from growers amidst the lockdown in the nation.

The Sirsi-based farm cooperative Totagars’ Co-operative Sale Modern society (TSS) Ltd commenced the purchase of arecanut from its grower-users on Thursday.

The Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd was the initially cooperative to commence procurement of arecanut from growers from April 13 at a time when it is lower off from its shoppers in northern India.

Ravish Hegde, Common Supervisor of TSS Ltd, informed BusinessLine that the co-operative will procure arecanut from growers at Sirsi, Siddapura, and Yellapura centres.

Each centre is allowed to buy arecanut from thirty users in a day. All actions linked to social distancing and other directives linked to regulate the distribute of Covid will be adopted strictly, he explained.

To a query on the procurement value of the commodity from growers, he explained TSS will keep the previous traded value of the commodity prior to the implementation of the lockdown. He gave the previous traded value of the commodity at ₹250-260 a kg for white assortment of arecanut, and ₹340-370 a kg for the pink assortment.

He explained TSS will also buy the commodity from the doorsteps of the growers, if 10 users from a village occur ahead to promote it on a designated day.

The representatives of both equally Campco and TSS opined that the co-operatives resolved to procure arecanut from their grower-users to instil assurance amid the users and to consider care of the livelihood requirements of several of these kinds of users.