The government of Bangladesh has planned to subsidise potato export to boost its shipment after a bumper harvest saw cold storages teeming with the new crop and farmers worrying over major slide in prices, officials said Sunday.
The move comes after potato yield this year crossed an estimated nine million tonnes, topping the national requirement by at least two million, resulting in precipitous fall in local prices, commerce minister Faruk Khan said.
"We are planning to support potato export so that the farmers are protected from any further price slide,"Khan told the FE.
The move comes after potato yield this year crossed an estimated nine million tonnes, topping the national requirement by at least two million, resulting in precipitous fall in local prices, commerce minister Faruk Khan said.
"We are planning to support potato export so that the farmers are protected from any further price slide,"Khan told the FE.
