Government assures expanded market scope for farmers
The Dollar Business Bureau In a move towards providing financial aid to the farmers, the Indian Department of Agriculture and Cooperation is implementing a market scheme that would help farmers in times of glut in production and fall of prices. The Minister of State for Agriculture, Mohanbhai Kundaria, on Tuesday, informed that the scheme named Market Intervention Scheme (MIS) was aimed at procurement of agricultural and horticultural commodities, which are generally perishable in nature. The Minister further informed that the MIS would extend financial support to the farmers by providing remunerative prices in cases of excess production and fall in prices. The MIS implementation is coming into effect in line with the requests made by the State governments expressing ...
Centre moots e-platforms at wholesale regulated markets for transparency
Sai Nikesh | The Dollar Business In a move to curb untrade practices in agriculture sector and offer better market prices to the farmers for their production, the Department of Agriculture and Cooperation has approved a Centre Sector Scheme to be implemented during FY2014-15 and FY2016-17. A Rs 200 crore-worth ‘Promotion of National Agricultural Market through Agri-Tech Infrastructure Fund (ATIF)’ scheme is aimed at providing a barrier-free national market and an improved market access by integrating warehouse based sales, said the Minister of State for Agriculture, Mohanbhai Kundaria. Through this scheme, the government is intended to provide an alternative marketing channel by creating e-platforms at all wholesale regulated markets across the country. For this purpose, the Agricultural Produce Marketing Companies ...
