Despite good yields, Punjab potato growers stare at losses

Despite a bumper crop, potato farmers in Punjab are staring at big losses. They have been hit as big- and middle-level traders are not coming to markets to strike the deals. The prices have crashed so much that even recovering costs is becoming a challenge, they say. Potato seed growers are saying that they are facing double whammy as the season of selling potato seeds in November was lost to demonetisation and the prevailing crisis seems to be an aftermath of it. Punjab produces good quality potato seeds which are sold across the country. Kala Sanghia-based potato grower Gurminder Singh, a middle-level grower, said that farmers were now striving to recover their costs only and even that seems to be an uphill task. More