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Potato price crashes in Bengal; MSP move fails to cheer farmers

Mamata Banerjee blamed demonetisation, along with bumper production, for the price crash

Representational image. Courtesy: Reuters
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TEMPORARY LULL A labourer sleeps on sacks of onions while waiting for customers at a wholesale market in Mumbai last week. Fears of the positive impact of the record kharif harvest turning negative are overstated. Courtesy: Reuters

Namrata Acharya Kolkata
With potato prices crashing on account of a bumper production, the West Bengal government’s move to fix a minimum support price (MSP) for the crop is unlikely to bring much cheer to farmers in the state.

At a recent farmers’ meet, chief minister Mamata Banerjee blamed demonetisation, along with the bumper potato production, for the price crash. 

On Tuesday, the state government announced the MSP of Rs 460 a quintal, or Rs 4.60 a kg, for procurement of potato to salvage farmers reeling from the price crash. 

The government will procure about 28,000 tonnes of potato over the next few months for mid-day

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