The agriculture ministry has revised guidelines for the Market Intervention Scheme (MIS), increasing the procurement limit of crops to 25% from 20%. MIS is a part of the PM-AASHA scheme and is designed to support farmers who cultivate perishable crops such as tomatoes, onions, and potatoes, which do not fall under the Minimum Support Price (MSP) framework. Another key change involves financial support for transporting perishable crops from producing states to consuming states.
The changes also include an option for states to transfer the difference between the market intervention price (MIP) and the selling price directly into farmers’ bank accounts instead of opting for physical procurement. This step is aimed at reducing farmer losses and ensuring a fair price for their produce. This is expected to help farmers get better prices for their produce while ensuring a stable supply in the market. This move is expected to expand the reach of the scheme and improve its implementation across various regions.
Presentation -Dibyabharati Nayak