Fall Season Extends for Commodities
Onion & potatoes have been ruling below the minimum support price
Pune: The post demonetisation fall in commodity prices has been extended by a bumper production aided by good weather conditions coupled inadequate policy response from the government. Prices of pulses, onion, potatoes and other vegetables have been ruling below the minimum support price and cost of production, leading to a strong resentment among farmers.
The wholesale price of potato in Mumbai has declined from .₹ 15/kg on November 8, 2016 to .₹ 7.50/kg on February 27.
According to the information with the National Horticulture the government,” he pleaded.
Cheap vegetable prices have adversely impacted the demand for pulses.
“General lack of interest from buyers post demonetisation, availability of cheaper vegetables and an increase in production and stock limit have resulted in such a heavy fall in the prices of pulses,” said Nitin Kalantry, a Maharashtra-based dal miller. Prices of tur, moong and masoor are ruling below the MSP, while the price of chana is expected to soon go below the MSP.
Record high prices and promotion by the government made farmers increase area under pulses. In case of chana, farmers had bought seeds at about .₹ 100/kg for sowing the rabi crop.