Ministry of Agriculture & Farmers Welfare
azadi ka amrit mahotsav

Implementation of Market Intervention Scheme

Posted On: 25 MAR 2022 5:19PM by PIB Delhi

Government implements Market Intervention Scheme (MIS) for procurement of agricultural and horticultural commodities which are perishable in nature and are not covered under the Price Support Scheme (PSS). The objective of intervention is to protect the growers of these commodities in the event of a bumper crop during the peak arrival period. The scheme is implemented at the request of a State/UT government which is ready to bear 50 percent of the loss (25 percent in case of North-Eastern States), if any, incurred on its implementation. Under the scheme, in accordance with MIS guidelines, a pre-determined quantity at the fixed Market Intervention Price (MIP) is procured by the agencies designated by the State Government for a fixed period or till the prices are stabilized above the MIP whichever is earlier. Under Market Intervention Scheme (MIS), Central Share of losses, if any, incurred in implementing MIS is released to the State procuring agencies as per the specific proposals received from the State Governments. The details of sanction accorded under MIS during 2020-21 and 2021-22 is as under:-

 

 

Year

Commodity

State

Period

Sanctioned Quantity

(in MT)

2020-21

Apple

Jammu & Kashmir

21.10.2020 to 31.03.2021

12,00,000

2021-22

Potato

Nagaland

05.10.2021 to 05.11.2021

14,200

 

This information was given by the Union Minister of Agriculture and Farmers Welfare Shri Narendra Singh Tomar in a written reply in Rajya Sabha today.

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APS/JK



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