Punjab govt intervenes to bail out potato growers | punjab | Hindustan Times
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Punjab govt intervenes to bail out potato growers

In view of the prevailing low prices of potato in the state, the state government has directed the Punjab Agro and Markfed to effectively intervene in the market on ‘no profit no loss basis’ to bail out potato growers from the current crisis, besides ensuring better prices to them.

punjab Updated: Feb 25, 2017 16:26 IST
HT Correspondent
Chairing a meeting of officials concerned, Punjab chief minister Parkash Singh Badal decided to reduce the market fee and rural development fee (RDF) on potatoes from 2% each to 0.25% and slashed commission charged by the commission agents from 5% to 1%.
Chairing a meeting of officials concerned, Punjab chief minister Parkash Singh Badal decided to reduce the market fee and rural development fee (RDF) on potatoes from 2% each to 0.25% and slashed commission charged by the commission agents from 5% to 1%.(HT File Photo)

In view of the prevailing low prices of potato in the state, the state government has directed the Punjab Agro and Markfed to effectively intervene in the market on ‘no profit no loss basis’ to bail out potato growers from the current crisis, besides ensuring better prices to them.

Chairing a meeting of officials concerned, Punjab chief minister Parkash Singh Badal decided to reduce the market fee and rural development fee (RDF) on potatoes from 2% each to 0.25%. He also decided to slash the rates of commission charged by the commission agents from 5% to 1%, with immediate effect.

Badal also asked the Punjab Agro and Markfed to explore the feasibility of export potential of potatoes to Russia, Dubai, Iran, Sri Lanka and other countries for which the state government would subsidise the freight.

Besides, the agriculture department has also been directed to undertake distant marketing of potatoes in the other parts of the country to ensure better prices to the growers.

The CM also asked the agriculture department to ensure rational utilisation of storing capacity of cold stores across the state to curb the malpractice of hoarding.

It was also decided in the meeting to issue an advisory to the department of education and jails, besides other government institutions, for optimum utilisation of potato in the mid-day meal scheme and for consumption of jail inmates for rich nourishment, which would also boost the sale of potato in the state.