KY Ganesh Gowda of Kotekanahalli in Kolar district took this step after local wholesale merchants and fruit dealers offered him only Rs 10 a kg of banana.Gowda told TNSE that last year, he took a loan of Rs 2 lakh from Vadagur Society and planted 2006 Elakki banana suckers on his land a few months ago. In all, he spent Rs 4.5 lakh on the crop.During Ganesh Chaturthi, Deepavali and Varamahalakshmi festivals, local dealers purchased bananas from him for Rs 60 a kg and they, in turn, sold them for Rs 100 a kg. Although he tried to sell 2,000 kg of bananas this week, the buyers did not offer him remunerative prices. As the crop was ready for harvest, he could not wait anymore, he said."With no other go, I engaged some labourers and harvested the crop and distributed it to people of Kotekanahalli and nearby villages free of cost," he said.Gowda said that he took to banana cultivation after incurring losses by growing tomatoes last year. "I have spent Rs 35,000 on harvesting the crop and preparing the land for another crop. Apart from clearing the loan, I have to spend money on raising a new crop," he said.According to sources, many farmers have taken up banana cultivation in the district, expecting remunerative prices during Sankranthi next month.

Kolar farmer distributes bananas free as prices crash

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