The primary reason for this response is the MSP set by the government, which is Rs 300 more per quintal compared to the open market.
The state government has already issued a notification in this regard, stating that potatoes can be kept in the cold storages till December 15 without paying any additional rent.
According to traders, potatoes were stocked at a cost of Rs 8-12/kg around the time and was sold in retail at Rs 18-20/kg.
The government procurement of paddy was affected by populist announcements in the poll-bound states but the arrival smoothened after the votes were cast.
The losses sustained by BJP in crucial Hindi heartland states, are expected to cast a shadow on the budget.
These varieties will grow through a process of R&D and evaluation to identify varieties suitable for growing in India in different states, said a company statement.
The plan could see as much as $56.5 billion in loans written off, sources and analysts said.
According to government officials, Nafed and FCI have started procurement only in a few selected districts of Madhya Pradesh, Rajasthan, Gujarat, Maharashtra and Andhra Pradesh.
Central government teams have been deputed to assess the drought situation in six states - Andhra Pradesh, Maharasthra, Rajasthan, Gujarat, Jharkhand and Odisha.
Usually govts squirm when price is too high for consumers; this time around the problem is the opposite.
The constant fall in prices and subsequent lower remuneration in the past few weeks has led to outbursts and protests where farmers have thrown tonnes of onions on roads.
Agriculture universities and research institutes are stepping up to fill the gaps in funding.
Spread over 9 acres, the Rs 7.26-crore project is expected to cater to the demand from the aquaculture farmers in Kerala as well as the adjoining states of Karnataka, Tamil Nadu and Maharashtra.
However, with Iran emerging as an unexpected buyer of Indian soyameal, the industry has been able to maintain a good pace of soyameal exports in the first quarter which began in October.
The carry-over stock at the end of the 2018-19 season is estimated by the CAI at 13.25 lakh bales.
The meeting was attended by some sugar refiners, traders and financiers from China, while the Indian side was represented with office bearers of NFCSF and Ravi Gupta of Shree Renuka Sugars.