Revised Guidelines for Market Intervention Scheme
On 10th February 2025, the Union Government revamped the Market Intervention Scheme (MIS) to provide stronger support to farmers facing price volatility for perishable agricultural and horticultural commodities.
What are the Revisions?
- Integration with PM-AASHA: MIS is now formally integrated as a component of the PM-AASHA scheme.
- Price Reduction Threshold: The trigger for MIS intervention is a minimum 10% reduction in the prevailing market price compared to the previous normal year.
- Increased Procurement Limit: The maximum quantity of crops that can be procured under the MIS has been increased from 20% to 25% of the total production.
- Direct Payment to Farmers: States ....
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