Good News for Farmers: Kerala Govt in India Fixes MSP for 16 Agricultural Crops from November 1

Published 2020년 10월 22일

Tridge summary

The Kerala government has announced a minimum support price (MSP) for 16 crops to be implemented from November 1, in an effort to aid farmers amidst ongoing protests against the central government's agricultural legislation. The MSP will be established based on the cost of production and productivity, aiming to provide price stability and good returns for farmers. The Department of Agriculture, along with local governments and the Department of Co-operation, will oversee the scheme. Primary agricultural co-operative societies will be responsible for procuring crops directly from farmers in 250 markets. A farmer can benefit from this scheme only with 15 acres of land per season.

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Original content

The Kerala government has recently decided to fix a minimum support price (MSP) on Wednesday for vegetables and fruits to support farmers amid the farmer's protest against central government's agricultural legislation. As per reports, the scheme for the 16 crops will come into effect from November 1. The State will procure the produce when prices drop below cost of production, says reports. The official said that MSP will be based on the cost of production and productivity which will ensure price stability and good returns for farmers as well as help protect farmers from market price fluctuations. Crops, which will come under MSP include tapioca, banana, pineapple, cucumber, tomatoes, cabbage, carrots, potatoes, beans, beetroot and garlic. The government hopes that this will lead to a significant increase in vegetable production in the state. According to reports, the scheme will be implemented by the ...

Source: Krishi Jagran