India bans potato exports
THE Indian Government has banned the export of potatoes after a sharp rise in price over the past three weeks.
The price has increased from Rs8/kg to Rs18/kg and is expected to reach Rs20/kg (28p/kg) soon.
India is the worlds fifth largest producer of potatoes, but exports constitute only about 1.5% of the countrys crop.
The rise in price has largely been caused by a setback in the current seasons early crop in the Indo-Gangetic region.
India is also currently suffering a shortage of onions.
- Onions cause political upheaval in India, FWi, 27 October, 1998
- Onions bring tears to india, FWi, 22 October, 1998
- India forced to import onions, FWi, 21 October, 1998
- Shortage prompts onion rage in India, FWi, 12 October, 1998
- Financial Times 11/11/98 page 38