A farmer in Telangana's Medak district has hit the jackpot, earning a whopping Rs 2 crore by selling tomatoes in the last month, while another crop worth Rs 1 crore is ready for harvest. According to an IANS report, Bansuvada Mahipal Reddy, from Mohammed Nagar in Kaudipalli Mandal of Medak district, became a millionaire overnight due to the skyrocketing price of tomatoes. 


With tomatoes reaching Rs 150 per kg in the market and a lack of adequate supply from Madanapalle in neighbouring Andhra Pradesh and other places, Mahipal Reddy managed to cater to the high demand in the Hyderabad market. He sold the produce for Rs 100 per kg in the wholesale market and managed to sell about 8,000 boxes of tomatoes, each weighing over 25 kg, in the last month.


Despite being a 40-year-old school dropout, Mahipal Reddy has emerged as a role model for all.


Chief Minister K. Chandrasekhar Rao congratulated the couple on Monday for growing a tomato crop worth Rs 3 crore in a single season. Mahipal Reddy, along with Narsapur MLA Chilumula Madan Reddy, met Chief Minister KCR at the Secretariat to discuss their success. They informed the CM that they have already sold a tomato crop worth Rs 2 crore and that another crop worth Rs 1 crore is ready for harvest.

The CM emphasised that Telangana farmers should think innovatively about commercial crop farming to achieve huge profits. He praised Mahipal Reddy for adopting new techniques in tomato cultivation, resulting in higher yields. Other ministers, including T. Harish Rao, Singireddy Niranjan Reddy, and MLA Ch. Madan Reddy, were also present during the meeting.

Mahipal Reddy started growing tomatoes in April this year and used the latest techniques to ensure A-grade produce, which fetched him a higher price in the market. He has been growing tomatoes on 40 acres of land for the last four years, initially facing losses but refused to give up. After consulting with his friends in other states, he adopted the sunshade technique, which helped reduce the temperature and led to better and higher yields.