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Home Agriculture

Fixed base price for certain Agricultural products in Kerala

October 28, 2020
in Agriculture
Reading Time: 2min read
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Fixed base price for certain Agricultural products in Kerala
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In news 

Kerala announces base price for certain Agricultural products

Salient features of the scheme 

  • In order to protect farmers from price fluctuations, State government of Kerala has fixed base price for 16 agricultural items

  • The scheme would come in to effect from November 1
  • Agricultural items covered under the scheme would be have price which is 20% above the production cost of the vegetable
  • According to the scheme, if the market price dipped below the base price of a vegetable, the produce would be procured at the base price and the money transferred to farmers’ accounts.
  • The produce would be graded on quality, and the base price fixed on that basis
  • Local self-government institutions would have an important role to play in the scheme as they would coordinate the procurement and distribution of vegetables.
  • The scheme would benefit a farmer with cultivation on a maximum of 15 acres in a season. 
  • Farmers would have to register on the Agriculture Department’s registration portal after insuring the crop to get the benefit of the base price. 
  • Initially though, the registration would not be mandatory for farmers intending the procurement to happen through primary agricultural credit cooperative societies. 
  • Under the scheme, the procured produce would be sold through the department’s markets or the societies’ marketing network. 
  • Any excess produce would be converted into value-added products. 
  • The scheme also envisaged setting up of supply chain processes such as cold-storage facilities and refrigerated vehicles.

 

Source: The Hindu
Tags: Prelims

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