Farmers are worried again about potato. In district level wholesale hats, every KG pot has been reduced from 5 to 8 rupees, which is less than the cost of production. Farmers say that they are no longer profitable by selling potatoes.
Not only a farmer, this potato business has become a throat stroke attached to the business. Due to the huge production last season, potato prices have declined. Since the end of the year, due to the decreasing prices, many farmers and Faria did not put potatoes in the freezes. Many of the owner owners can not refund the bank due to losses. Now the bank is not giving loans to the new ones.
Now the issue of bank liquidity crisis has been added. Recently, due to not having enough money in the bank, the bank has reduced the new loans. Along with this, interest rates have increased. Local owners say that due to lack of bank loans, they can not afford to pay potato and fries to keep potatoes in this season. This is going on negative sign in the market.
Oh boy, they should start selling french fries then. I know it can be hard but they need to find a way to sell them potatoes.