While farmers were dumping potatoes on the streets and even cold storage owners were finding it difficult to dispose off stored potatoes. Some popular brands, carrying not more than 50 grams of potato chips are priced at Rs 20 per pack. In other words, a kilo of potato, which even in the best of times would fetch a farmer not more than Rs 5 to 7 per kg, but when processed into chips each kg of potato is being sold at Rs 400.
Approximately since four decades, farm gate prices across the globe have remained static. Adjusting for the inflation rate, the price farmers received for most of the agricultural commodities has more or less remained frozen.
In India, the stressed environment on the farm is clearly visible. While farmer's suicides are being reported every day from one part of the country or the other, the shocking fact is that suicide rate is higher in irrigated areas as compared to the dry lands