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The Hindu

National

The Hindu Bureau

Govt. directs Karnataka Silk Marketing Board to purchase cocoons from farmers

Minister for Animal Husbandry and Sericulture K. Venkatesh on Saturday, June 3, said that the Karnataka Silk Marketing Board (KSMB) had begun purchasing cocoons from the farmers to help stabilise the prices.

Addressing a press conference in Mysuru, Mr. Venkatesh said the prices of cocoons had collapsed over the last three to four months, hitting the sericulture farmers hard.

Hence, a decision was taken to direct the KSMB to start purchasing the cocoons. “The KSMB has started purchasing cocoons from yesterday,” Mr. Venkatesh told reporters on Saturday, June 3.

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