Govt to give 50% subsidy for fruit, vegetable transport to help farmers cut post-harvest loss, avoid distress sale

Published 2020년 6월 12일

Tridge summary

The Indian government has introduced guidelines for a subsidy program to help farmers cover half the cost for transporting and storing fruits and vegetables, aiming to prevent post-harvest losses and unnecessary price drops that can lead to distress sales. This subsidy will be activated when the price of a crop falls below the average of the previous three years or is over 15% lower than the price from the previous year at harvest time. The subsidy will also apply if the price drops below the procurement benchmark. The subsidy will be digitally processed and distributed in a timely manner, covering up to rupee one crore per applicant within a six-month timeframe. The scheme is open to food processors, farmer producer organizations, cooperative societies, individual farmers, and other stakeholders involved in the processing and marketing of fruits and vegetables.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

NEW DELHI: The government has issued guidelines to give 50% subsidy in a fixed timeframe for storing and transporting fruits and vegetables to prevent post-harvest losses and distress sale by farmers when prices fall. Subsidy will be disbursed if the price in notified production clusters falls below the average of the preceding three years or if it falls more than 15% from last year's price at the time of harvest. It will also be given if the price falls below the benchmark price for procurement, for a specified period. “Subsidy support for transport and storage of perishables shall go a long way in ensuring remunerative prices to farmers, reducing wastage and assuring seamless supply of perishables. The scheme guidelines are drafted in a manner that they are more broad based and easy to understand, ”said food processing minister Harsimrat Kaur Badal. Claims will be settled digitally in a time-bound manner, she said. "The proactive decision to go from tomato, onion and potato ...

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