Chidananda Reddy has made agriculture a paying proposition
P.T. Chidananda Reddy (63) of Kurumaradikere village in Chitradurga taluk has demonstrated that agriculture is still a lucrative occupation, even though several farmers have been quitting farming because of the rising cost of cultivation and low returns.
Mr. Reddy owns three acres and 27 guntas of dryland in Kurumaradkere, about 8 km from here. He has been cultivating banana and earning good returns too.
Mr. Reddy bought the land after his retirement from the Police Department in 2007, spending the Rs. 6 lakh he received as retirement benefits.
“When I bought the land, it was dry and had not been cultivated for several years. But I was determined to make it cultivable as I was told that the soil was fertile,” Mr. Reddy says.
With hard work and perseverance, Mr. Reddy has converted his land into a highly profitable property. Besides banana, he grows arecanut and onion. His outstanding achievement is growing ‘pachchabale'.
This variety of banana has earned him huge profits over the past two years because the market price is reasonably high.
He has cultivated banana on 1.5 acres. He has adopted drip irrigation using water from a borewell.
Mr. Reddy, who claims that he does not use any chemical fertilizers, attributes the rich yields he is getting to organic manure. While a normal banana plant yields about 150 fruits, Mr. Reddy claims to get about 200.
“In the first year, I had to spend around Rs. 39,000. However, I earned about Rs. 50,000 that year. This year, I have already completed two rounds of harvest and earned Rs. 70,000. I hope to earn at least Rs. 2.5 lakh by the end of this year,” he says.
Stating that the crop-yielding cycle of banana is 11 months, he said that one plant lasts for three years.
Although his father was a farmer, Mr. Reddy said he had no knowledge of farming till his retirement.