1 year ago

Potato Price Plummets: West Bengal's ₹10,000 Crore Sector at Risk

Potato Price Plummets: West Bengal's ₹10,000 Crore Sector at Risk
Potato price crash threatens ₹10,000 cr sector, says Bengal cold storage association · thehindubusinessline.com

Imagine a lot of potatoes are stored in cold places.

The people who keep the potatoes are worried because the price of potatoes has gone down a lot.

They're losing money!

They want the government to help them.

They want the government to buy potatoes at a higher price, so farmers don't lose money.

If things don't improve, farmers might not grow potatoes next year, and the people who store the potatoes won't have anything to store.

This could cause problems for the economy and the farmers in the long run.

Key facts

Association
West Bengal Cold Storage Association (WBCSA)
Wholesale Price Drop
₹15/kg to ₹9/kg
Storage
70.85 lakh metric tonnes
Sector Value
₹10,000 crore
MSP
₹15/kg

Sources

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