Punjab to export potatoes to Russia and Iran to prevent distress sales
Part of their plan will include exporting potatoes to Iran and Russia. The state agriculture department and the Punjab Agro Industries Corporation Limited (PAIC) are working out modalities for exporting the crop to the two countries.
“We have orders to supply 2,800-tonne potatoes to Russia and 5,000 tonne to Iran. Modalities are being worked out to start the export,” said PAIC managing director KS Pannu.
Financial commissioner, development, NS Kalsi, who is in charge of the agriculture department, said the landing costs of potatoes in the two countries will be Rs 18 per kilogram, while it will sell for Rs 50 to Rs 60 per kilogram.
“The profit will be passed on to the farmers. The corporation has sought Rs 5-crore financial help from the government to start lifting the produce from farmers,” he said.
source: financialexpress.com, hindustantimes.com
