Potato turns cheaper as Bengal govt begins sale via fair price shops
Potato charges in West Bengal, which had been on a organization note, are possible to crash as the Point out government has stepped up sale of the tuber by its community of truthful price retailers named Sufal Bangla.
The wholesale price of potato (Jyoti wide range) firmed up by virtually 36 for each cent to ₹3,600 a quintal in November this year as when compared to similar period last year.
In the wake of growing charges, the Point out Agriculture Advertising Division made the decision to offer its buffer inventory at ₹25 a kg so as to discourage wholesalers and retailers from pushing the cost unusually. The Point out has a community of close to 250 Sufal Bangla retailers.
According to Patit Pavan De, Member, West Bengal Chilly Storage Affiliation, the Point out government has been advertising close to seven.5 lakh kg of potatoes day-to-day by its truthful price retailers. This has helped provide down charges in pick out markets.
“The government has its inventory in cold storages, which it has been advertising at these truthful price retailers. Selling prices have come down in some markets like Midnapore where it is down by pretty much twenty for each cent in the last fortnight and is at present ruling at all over ₹28-29 a kg (₹35-36),” De told BusinessLine.
Hooghly, Burdwan, Bankura, East Midnapore and West Midnapore are essential developing districts.
Keeping inventory
This apart, the traders have been keeping on to the inventory in anticipation of a even more price rise. Shut to 6 lt are continue to staying held by traders, which is fifty for each cent far more than four lakh tonne similar period last year. This is possible to provide down the charges.
The whole loading in cold storages this year was close to fifty five lt. There are all over four hundred cold storages in Bengal and the whole storage capacity is believed to be close to 70 lt.
What’s more, the arrival of potatoes from Punjab and Uttar Pradesh is envisioned to get started finding up.
Potato generation is believed to be higher across the essential developing areas of UP, Punjab and Bengal this year as there has been an boost in area under cultivation.
There is believed to be a 5 for each cent boost in area under potato cultivation in Bengal as farmers have been encouraged by the higher charges the tuber fetched them for two consecutive a long time. Potato cultivation in Bengal is spread over close to 4.6 lakh hectares.