Farmers often face losses due to a drop in the prices of horticultural crops. To address this issue, the central and state governments have introduced the ‘Market Intervention Scheme (MIS)’. This scheme aims to ensure fair prices for farmers’ produce and enhance their income.
Benefits of the Scheme:
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Financial Security: Farmers are protected against price drops with support similar to the Minimum Support Price (MSP).
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Elimination of Middlemen: The government directly purchases produce from farmers.
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Storage Facility: Purchased produce is stored safely to prevent spoilage.
How Does the Scheme Work?
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State governments submit a proposal to the central government.
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The central government reviews and approves the proposal, providing financial assistance.
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State agencies purchase farmers’ produce at a minimum price.
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Payment is directly transferred to the farmers’ bank accounts.
Eligible Products Under the Scheme:
The scheme covers crops like mangoes, onions, tomatoes, potatoes, apples, grapes, bananas, spices, and other horticultural produce.
This scheme not only ensures fair prices for farmers but also strengthens their financial position.
Source: Krishi Jagran
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