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India’s City of Joy, Kolkatta, witness Potato Prices Surge Amid Crop Loss

by Devendra K
24.03.2024
in Asia, News
A A
Bangladesh imports 400 tonnes of potatoes from India

Potato prices in retail markets across Kolkata have witnessed a significant increase over the past three days. The Jyoti variety has risen from Rs 22 to Rs 23 per kg, while the Chandramukhi potatoes have experienced a steeper price hike from Rs 25 to Rs 30 per kg. Trade sources indicate that this surge is expected to continue, driven by consecutive spells of rain that have caused substantial damage to potato crops, compounding the challenges faced by farmers this season.

Late December rains necessitated farmers to replant seeds, and the recent downpour has severely impacted approximately half of the state’s potato crop, which is still in the fields just before the harvest. Concerns are growing that potato production this year may decrease by at least 30% compared to previous years, potentially leading to further increases in retail prices.

Lalu Mukherjee, president of the Bengal Potato Traders’ Association, noted that farmers, traders, and consumers are preparing for the economic consequences of reduced potato supply and heightened market demand. Kamal De, president of the Bengal Farmers’ and Vendors’ Association, mentioned that adverse weather conditions have also affected other summer crops in the low-lying regions of Hooghly, Howrah, and Burdwan, such as ‘parwal’ and ridged gourd.

Agnibha Sarkar, a resident of Barisha, highlighted the impact of the rising potato prices on household budgets, noting the vegetable’s role as a shield against inflation when its prices are stable. However, the escalation in potato prices significantly affects kitchen expenditures, causing concerns for households.

The cost of cultivating one bigha of potatoes has surged to Rs 25,000 – 30,000, raising worries about substantial yield losses. In addition to potatoes, various other Rabi crops have suffered destruction due to persistent rain and waterlogging, leading to financial setbacks and uncertainties for farmers about the upcoming harvest.

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