Import plan to check potato shortage & prices

BS Reporter
Last Updated : Oct 17 2014 | 12:34 AM IST
The Union government is planning to import potatoes for the first time to check its shortage and stop prices from rising in the festive season.

Here consumers have to shell out Rs 34-40 per kg. Prices in some retail markets have risen by Rs 6-10 per kg since September 1.

“We are taking all possible measures to control the rising prices,” Agriculture Minister Radha Mohan Singh said.

The government has recently constituted a high-powered group - comprising secretaries from the departments of food, agriculture and consumer affairs - to monitor prices of essential commodities. A daily report on retail price situation in four major metros is sent to the Prime Minister's Office.

Ashish Bahuguna, secretary, agriculture, said the government has decided to import potatoes and National Agricultural Cooperative Marketing Federation of India Ltd (Nafed) - a cooperative to boost marketing of agricultural produce - would soon float tenders for this purpose.

"For the first time, we are going to import potatoes to check price rise and improve domestic supply. We have asked Nafed to float tenders," Bahuguna told PTI.

Tenders to import potato will be invited this month so that shipments reach India by November-end, the agriculture secretary said. "Potato will be imported from Europe and Pakistan. Imports will be done to ensure sufficient supply till January."

The Small Farmers' Agri-Business Consortium has also been asked to explore possibilities of importing potatoes.

In June, the government had imposed a minimum export price of $450 per tonne on potatoes to increase domestic availability and check rising prices. At present, there is a 30 per cent import duty on potatoes.

The stock of stored potatoes is getting depleted and the imported stock is expected to tide over the lean period till the new crop arrives from January-end. India produced 44.3 million tonnes of potatoes in 2013-14 crop year, 2.3 per cent less than the previous year.

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First Published: Oct 17 2014 | 12:33 AM IST

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