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 ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Small and Medium Real Estate Investment Trust
- 2 SEBI Proposes SSE-EBP Platform for NPO Fundraising
- 3 NSE Issues Rulebook for Retail Algorithmic Trading
- 4 SEBI Consultation Paper on Categorization of Mutual Fund Schemes
- 5 Draft RBI (Digital Banking Channels Authorisation) Directions, 2025
- 6 IBA Urges Swift Migration to ISO 20022 to Safeguard Cross-Border Payments
- 7 Code of Conduct for Regtech Firms
- 8 Internal Insurance Ombudsman Framework
- 9 Indian Agriculture: Initiatives & Achievements
- 10 ADEETIE Scheme