UP mulls higher potato MSP

The UP govt may soon come out with a higher minimum support price (MSP) for potato this year.

The Uttar Pradesh government may soon come out with a higher minimum support price (MSP) for potato this year under a new market intervention scheme on fears of prices crashing due to an estimated bumper harvest.

“Horticulture department Chief Secretary A K Gupta during a meeting yesterday directed to prepare a proposal of the (market intervention) scheme and get it approved by the state government so that it could be forwarded to the Centre for further action,” sources said.

It is forecast that the state will have a bumper potato crop this year.

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The state government is planning to propose MSP for potato at Rs 305 per quintal,which is Rs 30 higher than last year to protect the farmers’ interests,they said.

“It was decided that to save farmers from middlemen,market intervention scheme would be implemented this year as well,” they said.

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