There has been partial compensation by the acreage under turmeric going up in Andhra Pradesh and Telangana by 8-10%, compared to 2013-14, but this is tempered by concerns over crop losses due to Cyclone Hudhud that hit the state in October 2014.
Prices of turmeric rose by a whopping 42% to INR8,990 a quintal by end-December, and showed signs that they could touch INR11,000 per quintal by end-March this year...READ MORE