Revised Market Intervention Scheme (MIS) Guidelines
Kartavya Desk Staff
Source: PIB
Context: The Government has revised the Market Intervention Scheme (MIS) guidelines, increasing the procurement limit from 20% to 25% and expanding procurement agencies.
About Market Intervention Scheme (MIS):
• What is Market Intervention Scheme (MIS)?
• A price support scheme under the Department of Agriculture & Farmers’ Welfare. Part of the PM-AASHA scheme, ensuring remunerative prices for farmers. Covers perishable crops (horticultural & agricultural commodities) that do not have Minimum Support Price (MSP). Implemented on request of State/UT Governments when market prices drop by at least 10% compared to the previous season.
• A price support scheme under the Department of Agriculture & Farmers’ Welfare.
• Part of the PM-AASHA scheme, ensuring remunerative prices for farmers.
• Covers perishable crops (horticultural & agricultural commodities) that do not have Minimum Support Price (MSP).
• Implemented on request of State/UT Governments when market prices drop by at least 10% compared to the previous season.
• Key Features of MIS:
• Ad-hoc Scheme: Applied during market price crashes. State-Central Cost Sharing: 50:50 (75:25 for North-Eastern States). Operational by NAFED, NCCF & State Agencies.
• Ad-hoc Scheme: Applied during market price crashes.
• State-Central Cost Sharing: 50:50 (75:25 for North-Eastern States).
• Operational by NAFED, NCCF & State Agencies.
• Revised Market Intervention Scheme (MIS):
• Increased Procurement Limit: Procurement coverage raised from 20% to 25% of total production. Direct Benefit Transfer (DBT) Option: States can now pay farmers directly for the price difference between the Market Intervention Price (MIP) and market price. Expanded Procurement Agencies: Farmer Producer Organizations (FPOs), Farmer Producer Companies (FPCs), State-nominated agencies, and Central Nodal Agencies (NAFED, NCCF) will procure TOP (Tomato, Onion, Potato) crops. Reimbursement of Storage & Transport Costs: Central Nodal Agencies (CNA) will reimburse costs for transporting crops from producing to consuming States.
• Increased Procurement Limit: Procurement coverage raised from 20% to 25% of total production.
• Direct Benefit Transfer (DBT) Option: States can now pay farmers directly for the price difference between the Market Intervention Price (MIP) and market price.
• Expanded Procurement Agencies: Farmer Producer Organizations (FPOs), Farmer Producer Companies (FPCs), State-nominated agencies, and Central Nodal Agencies (NAFED, NCCF) will procure TOP (Tomato, Onion, Potato) crops.
• Farmer Producer Organizations (FPOs), Farmer Producer Companies (FPCs), State-nominated agencies, and Central Nodal Agencies (NAFED, NCCF) will procure TOP (Tomato, Onion, Potato) crops.
• Reimbursement of Storage & Transport Costs: Central Nodal Agencies (CNA) will reimburse costs for transporting crops from producing to consuming States.
• Central Nodal Agencies (CNA) will reimburse costs for transporting crops from producing to consuming States.