Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Market divided on spending pattern of farmers

Updated: October 12th, 2018, 19:58 IST
in Home News, Metro
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Attabira (Bargarh): Notwithstanding the claims of increase in farmers’ income in rural Odisha especially the income of small and marginal farmers, the rural market in the Attabira block of Bargarh district seemed divided.

Most of the mobile phone outlets and electronic shops deny any appreciable change in the lifestyle of the small and marginal farmers and claimed that the change and scaled-up demand for more luxury goods in rural areas are confined more to the affluent farmers. However, the tractor companies claimed that there has been a surge in the sales of tractors and farm equipment in the area in the past two years.

Also Read

Salman Rushide

Man who stabbed author Salman Rushdie on stage sentenced to 25 years in prison

6 hours ago
Supreme Court

SC bars Centre from granting retrospective environmental clearances

7 hours ago

Although the automobile and tractor companies refrained from commenting on sales figures or giving an indication of growth or decline, some hinted at the magnitude of demand.

A leading tractor and farm equipment showroom, situated around 2 km ahead of the Attabira bus stop, said: “In Odisha as a whole, there has been a growth of around 40 per cent in tractor sales and 30 per cent in farm equipment in the last one year. Why would we open and expand our business if there is no growth in tractor/farm equipment sales.”

Lalit Pradhan has a mobile shop named Lalit Recharge Centre in Lachida village in the block which caters to nearby Bansipalli, Dumberpalli and other villages. He, however, said that small and marginal farmers were not takers of expensive mobiles and that there has hardly been any appreciable change in their spending pattern.

He said, “There has been a shift in the paying capacity of the people but not for all classes of people. Earlier, people used to seek phones in the range of Rs 2,500-Rs 3,500. Now, even in this rural area, people are ready to pay on average Rs 7,000-Rs 10,000 for smart phones. However, high-end phones are in demand by contractors and big farmers and not by all.”

Another electronic goods supplier who has his showroom near the Rengali Camp along Sambalpur-Bargarh road said, “Demands for luxury items especially air-conditioners have increased but the marginal and small farmers are the last to buy such products.”

Bankers, however, told Orissa POST the menace of bad loans on account of non-repayment by the farmers in the area persist despite some survey claiming increase in their incomes.

Jagabandhu Meher, Branch Manager of Utkal Grameen Bank, Kathadera, said, “Many farmers in the area often fail to repay the loans. Sometimes it (bad loan) goes up to as high as 80 per cent. Most of these loans disbursed by us are crop loans which are given without any collateral.”

Some bankers subtly agreed that due to high level of non-performing assets (NPAs) with rural banks, they have been advised not to sanction automobile loans. Others said land and gold are some of the easily available collateral given by them.

Manish Kumar, OP

 

 

Tags: farmers’ incomeMarket divided
Share7TweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019

Archives

Editorial

Sound & Fury

China-US
May 14, 2025

The outcome of any war between two unequal forces could be predictable – maybe the stronger side wins and the...

Read more

Breaking Walls

Pope Leo XIV
May 13, 2025

I t is of great significance that Robert Francis Prevost, who has succeeded Pope Francis, repeated the word ‘peace’ ten...

Read more

Dangerous Liaisons

india pakistan
May 12, 2025

India and Pakistan have halted military actions for now, a day after Pakistan breached a ceasefire initially announced to the...

Read more

Doval Doctrine

Aakar Patel
May 11, 2025

India’s Defence Planning Committee was set up on 19 April 2018. It was chaired by national security advisor Ajit Doval...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST