Saturday, November 23, 2024

Price crash: Punjab to export potato to Russia and Middle East

Date:

Jalandhar, Jan 20: Four months after farmers dumped potatoes on road in Mohali and other parts of the state, seeking remunerative price for the produce, the Punjab government has allowed the staple food’s export to Russia and the Middle East. The past few years have witnessed surplus production of potatoes in the state. This, however, has not been adequately transported to other states.

This glut in production and no buyers due to demonetisation over the past two seaons had led to a crash in prices. Against a production cost of around Rs 5per kg, potato is selling at Rs 2 per kg in the wholesale market.

The price crash is a cyclical occurence in the state, but demonetisation had aggaravated the crisis. Doaba has 93% of the state’s sown area of the crop at 80,000 hectares of 86,000. In a series of reports, HT had highlighted the plight of potato farmers who had been facing heavy losses.

“If the government fails to intervene to help potato growers, Doaba farmers will be the worst-hit,” Jalandhar Potato Growers Association (JPGA) general secretary Jaswinder Singh Sangha had recently said.

After the decision, he said, “We hope for export to Europe and the Americas to start soon as well.” The decision to export the crop was taken during a meeting of members of the Jalandhar Potato Growers Association (JPGA) with financial commissioner, development, Vishwajeet Khanna earlier this week.

Punjab Agro Industries Corporation (PAIC) will be the assisting agency. Farmers will hand over their produce to the agency, which will bear the transport cost in exporting the produce. The consignments will also be insured.

News Source: http://www.hindustantimes.com

Discussions

Discussions

Punjabi Khurki
Punjabi Khurki
Punjab is no longer just a state but a State of Mind: A way to live!! ...So Let's Burrraaah with Punjabi Khurki!

Share post:

Subscribe

Advertisementspot_img
Advertisementspot_img

Popular

More like this
Related

The Journey of Advocacy for Better Communities Foundation

Calgary, Alberta, April 26: In the bustling city of...

ED chief Sanjay Mishra gets tenure extension from SC till September 15

New Delhi, July 27: The Supreme Court on Thursday...

Patiala tops list of villages hit by recent floods; 27,286 evacuations carried out

Chandigarh, July 27: The State Government machinery has been...

Mann slams Modi govt, seeks President’s Rule in Manipur

New Delhi/ Chandigarh, July 27: Punjab Chief Minister Bhagwant...