1 year ago

Potato Price Plunge Threatens West Bengal's Economy

Potato Price Plunge Threatens West Bengal's Economy
Potato price crash threatens ₹10,000 cr sector, says Bengal cold storage association · thehindubusinessline.com

Imagine farmers growing lots of potatoes, but now the price they can sell them for has gone way down.

The people who store the potatoes are worried, too.

They're holding tons of potatoes because of a rule that stopped them from selling outside the state.

They're asking the government to help by buying the potatoes at a better price, helping them sell to other places, and using the potatoes in school lunches.

If the government doesn't help, farmers might lose money, stop growing potatoes, and the whole potato business could suffer.

Key facts

Wholesale Price Drop
Rs 9/kg
MSP (Start of May)
Rs 15/kg
Total Potato Stock
70.85 lakh metric tonnes
Government Promise
Procure 11 lakh tonnes of potatoes
Affected Areas
Burdwan, Bankura, Medinipur, North Bengal
Sector Value
Rs 10,000 crore

Sources

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