Kerala Government of India Fixes Floor Price of 16 Vegetables; Here’s the Complete Rate List

Published 2020년 10월 28일

Tridge summary

Kerala is set to become the first Indian state to establish a floor price for 16 varieties of locally grown vegetables, effective from November 1. This initiative, which aims to ensure fair compensation for growers, will set the floor price at 20% above the production cost, with purchases to be made at this price regardless of the market rate. The quality of the produce and the floor price will be rated, and this privilege will be extended to farmers with up to 15 acres of vegetable cultivation per season. Local bodies will manage the procurement and distribution, supported by funds to cover losses. The scheme also includes plans for improving the supply chain infrastructure. Since 2016, vegetable production in Kerala has seen a significant increase, with a target to further boost production by 100,000 metric tonnes this year.

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Original content

Kerala Chief Minister Pinarayi Vijayan said that the floor price of 16 varieties of vegetables produced in the state would come into effect from 1st November. He said the state would be first in India to do so to ensure a fair price for growers. It must be noted that the floor price will be 20 percent above the production cost of the vegetables. If the market rate goes below the floor price then also the produce will be obtained from farmers at the floor price. In addition the produce & the floor price will be graded as per its quality. This scheme will benefit a grower with a maximum of 15 acres of vegetable cultivation per season. For this, they will have to register on the agriculture department’s website after insuring the crop to get the benefit of floor price. The registration will begin on 1 November. Local bodies will play an important role in this scheme as they will coordinate for the procurement & distribution of veggies. They will be authorised to spend from the ...

Source: Krishi Jagran