12-02-2021 | 16:07 PM
Minimum Support Price Scheme
• The government has decided to include 14 new minor forest produce items under the mechanism for marketing by the minimum support price scheme.
• This new system would aim to ensure remunerative and equal rates for forest farmers' tribal gatherers.
• The products included in the scheme include: Tasar Cocoon, bamboo shoot, elephant apple dry, wild dry mushroom and Malkangani crop.
• Minimum Support Price is the price of the agricultural commodity to be bought directly from the farmer by the Government of India. MSP is not constitutionally enforceable.
• MSP has been recommended by the Commission for Agricultural Costs and Prices (CACP) since 2009.
