The Palliakal service cooperative bank has been on the vanguard of the organic vegetable cultivation initiative in Vyttila in Kochi , Kerala after bringing around 400 acres under different vegetables reports a news outlet.
The farmers are paid 30 per cent premium over the wholesale price, a source said.
The district units of the CPI (M) have opened 164 outlets while another 50 vending points are operating under different service cooperative societies. The principle adopted is that only 20 per cent price should be increased over the procurement price to meet transport, service and damage costs.
The popularity of the locally-grown vegetables has sunk the price of vegetables imported from outside the State. While organic vegetables like vegetable cowpea sold for Rs. 120 a kg, its imported counterpart fetched between Rs. 60 and Rs. 65.