production this year. Harvest of potato is in full swing in the state.
Prices of potato have already fallen by 70%, as buyers are shying away
due to excess supply in the market. Major potato producing regions in
Punjab are Ludhiana, Moga, Kapurthala, Jalandhar, Bathinda and Patiala.
Punjab sells potato to other states mainly for seed purpose. Situation
is more or less similar in other producing states of Uttar Pradesh and
West Bengal this year. Farmers are not finding its storage a viable
option, as its future seems bleak unless government intervenes. Now,
growers are seeking immediate intervention by the government. They are
expecting some subsidy on transportation or facilitation in its export.
Traders feel that the export option could prove to help relieving
farmers from current crisis. However, Indian share in potato export in
international market has been very negligible. India exports mainly to
Malaysia, Nepal, Sri Lanka, Turkey and UAE.
financialexpress. com
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