The government has set a minimum price of Tk 22 per kilogram for potatoes at cold storage gates and announced a plan to purchase 50,000 metric tons for storage and later sale, officials said Wednesday.
The decision follows concerns that the recent market price of potatoes is not covering production costs, leaving farmers at a loss.
A review committee of 4 members has also been formed under the directive of the Chief Adviser, with the secretary of the Ministry of Agriculture as chairperson and secretaries of the Ministries of Commerce, Food, and Finance as members.
The committee has been tasked with recommending measures to ensure fair prices for potatoes during the production season and protect farmers’ interests.
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Based on the committee’s recommendations, the government decided to:
1. Set a minimum price of Tk 22 per kilogram for potatoes at cold storage gates,
2. Purchase 50,000 metric tons of potatoes under government initiative, store them in cold storage, and sell them in October-November 2025, and
3. Provide incentives to potato farmers in the next cultivation season.
The concerned ministries have been instructed to take necessary steps to implement these measures.