{"id":8248,"date":"2024-06-14T03:32:09","date_gmt":"2024-06-14T03:32:09","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=8248"},"modified":"2024-06-14T03:32:09","modified_gmt":"2024-06-14T03:32:09","slug":"karnataka-revenue-at-byadagi-chilli-market-exceeds-forecast","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-revenue-at-byadagi-chilli-market-exceeds-forecast\/","title":{"rendered":"Karnataka: Revenue at Byadagi chilli market exceeds forecast"},"content":{"rendered":"<p>The pandemic and its impact on the <a href=\"https:\/\/exam.pscnotes.com\/economy\">economy<\/a> had compelled the  to reduce its revenue forecast for what is considered the largest<u>chilli<\/u>market in Asia:<u>Byadagi<\/u>in Haveri district.<br \/> Although the state government had set a revenue target of Rs 9.5 crore from the market for the 2021-22 fiscal year, the market has already registered a turnover of Rs 11.2 crore, having far outstripped the conservative estimate of the state government.<\/p>\n<p>In 2020-21, when the state government had forecast that the Byadagi market would register revenue to the tune of Rs 15 crore, the sales touched a sum of Rs 18 crore. The stakeholders attributed the impressive sales to the reduction in the<u><a href=\"https:\/\/exam.pscnotes.com\/<a href=\"https:\/\/exam.pscnotes.com\/agriculture\">Agriculture<\/a>-notes-for-state-psc-exams&#8221;>Agriculture<\/a> Produce Market Committee<\/u>(<a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/APMC\"><u>APMC<\/u><\/a>) cess.<\/p>\n<p>The spike in the price of Byadagi Chilli, with one quintal of the crop selling for a record Rs 70,000, <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> ensured that the many farmers in North Karnataka continued cultivating it. The sale of Byadagi Chilli helped increase revenue of the market this year, with the crop registering sales higher than what it had registered in the previous fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pandemic and its impact on the economy had compelled the to reduce its revenue forecast for what is considered the largestchillimarket in Asia:Byadagiin Haveri district. Although the state government had Subscribe on YouTube set a revenue target of Rs 9.5 crore from the market Join Our Telegram Channel for the 2021-22 fiscal year, the &#8230; <a title=\"Karnataka: Revenue at Byadagi chilli market exceeds forecast\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-revenue-at-byadagi-chilli-market-exceeds-forecast\/\">Read more <span class=\"screen-reader-text\">Karnataka: Revenue at Byadagi chilli market exceeds forecast<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1098],"tags":[763],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Karnataka: Revenue at Byadagi chilli market exceeds forecast - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/karnataka-revenue-at-byadagi-chilli-market-exceeds-forecast\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karnataka: Revenue at Byadagi chilli market exceeds forecast\" \/>\n<meta property=\"og:description\" content=\"The pandemic and its impact on the economy had compelled the to reduce its revenue forecast for what is considered the largestchillimarket in Asia:Byadagiin Haveri district. Although the state government had set a revenue target of Rs 9.5 crore from the market for the 2021-22 fiscal year, the market has already registered a turnover of ... 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Although the state government had set a revenue target of Rs 9.5 crore from the market for the 2021-22 fiscal year, the market has already registered a turnover of ... 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