The Market Intervention Scheme is emerging as an effective initiative to ensure farmers cultivating horticultural crops receive fair prices for their produce. This scheme aims to protect farmers from losses when crop prices drop significantly in the market.
Under this scheme, farmers are guaranteed a fair price for their horticultural crops, including fruits, vegetables, and spices, which are often perishable and highly susceptible to price fluctuations. When market prices fall drastically, the government or government-authorized agencies purchase these crops, ensuring farmers receive the right value for their hard work.
This initiative not only safeguards farmers from financial losses but also ensures the timely sale of perishable crops at reasonable prices.
Source: Krishi Jagran
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