Indian flowers lose out on exports but gain in domestic prices
Praveen Sharma, president of the Indian Society of Floriculture Professionals, while speaking to The Indian Express, said the losses of the first lockdown have been compensated by the higher prices the flowers, especially roses, have fetched after that.
Commercial cultivation of flowers, although done over a relatively small area, is an important generator of foreign exchange. A decline in possible exports has failed to dampen the spirit of Indian flower growers for whom domestic markets would now more than compensate in terms of prices.
Praveen Sharma, president of the Indian Society of Floriculture Professionals, while speaking to The Indian Express, said the losses of the first lockdown have been compensated by the higher prices the flowers, especially roses, have fetched after that.
Commercial cultivation of flowers, although done over a relatively small area, is an important generator of foreign exchange. Before the pandemic, the annual inflow to the exchequer, thanks to exports, was to the tune of Rs 57-58 crore. However, the pandemic had seen domestic consumption as well as exports dip with marriages and other functions remaining suspended. Many commercial cultivators had even abandoned their farms for exotic vegetables such as coloured cabbage and cherry tomatoes.
Share
