Pakistani potatoes 'rescue' Indian consumers

April 27, 2012
With potato prices ruling at Rs 20 a kg in retail in the domestic market, traders from Jammu and Kashmir have started importing potato from the two Line of Control (LOC) trade posts of Srinagar and Poonch.
With zero import duty on import at the LOC trade points, Pakistani potato is cheaper than the Indian variety by 20% to 40%.
India's potato production is expected to be 33.5-34 million tonne this year, which is 10-15% less than last year. This is due to lower production in Bihar, West Bengal and certain parts of Uttar Pradesh.
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