Potatoes could get costlier in Kolkata — price may hit nearly ₹50/kg in retail markets
"If today's price is any indication, then retail potato price may touch Rs 48-49 per kilo in the next two days," a cold storage owner said, refusing to be quoted.
This "unprecedented" rise in potato price is "surprising" as there is no shortage of the vegetable in West Bengal and a stock of 15-16 days is lying in cold storages, they said.
AdvertisementWith the tubers started arriving in
In Delhi, the wholesale price of potato is cheaper by Rs 200 per packet than West Bengal, which is a major potato producing state.
Potato price should have witnessed correction after Diwali as the crop from Punjab began hitting the market by then but this has not been the case in the eastern state so far, the traders said.
However, a cold storage official expected that the situation is likely to ease from December.
When contacted, a senior government official declined to speak on the subject.
AdvertisementIn a letter she said, "Amendments in Essential Commodities Act are seriously encouraging hoarders in hoarding and profiteering on essential items like potatoes and onions resulting in price rise and suffering to consumers."
SEE ALSO: IndusInd Bank surges over 4% after RBI committee proposes to increase the cap on promoter stake in private sector banks
Google is testing ‘Task Mate’ in India, which lets users earn money for doing tasks on their smartphones
- IPL's opening match clocks 10 billion minutes viewership on Star India Network
- How to bake a meteorite — scientists are heating up space rocks to recreate the birth of planets
- OYO’s ‘Hockey’ print campaign is winning the internet; there’s a lot more in store, says its head of global brand Mayur Hola
- 77 cases of Indian COVID-19 variant found in the UK
- Karnataka CM Yediyurappa and MP from Punjab Harsimrat Kaur Badal test COVID-19 positive