Predicting a bumper harvest of potato this season, the West Bengal Cabinet on Monday decided to allow cold storage owners to purchase at least 10 lakh (1 Million) metric tons of tuber from farmers at a fixed price, so that they do not have to suffer losses, a senior official said.

The Rs 2000-crore SPS Group, with interests in steel, hotels and biscuits among other things, has taken over a potato flakes project set up by Apurba Saha's Pailan group, another diversified outfit that is into education, aviation, township developmen...