Kerala government sets record price of ₹150 a kg for raw cashew nut
GS3Economy · S&T · Environment · Security· MSP, procurement, PDS & food security· Prelims·
Why in news
The Kerala government set a record price of ₹150 per kg for domestic raw cashew nuts (RCN) to revitalize the sector and ensure fair prices for growers.
Background
The price of ₹150 per kg was set by a committee led by B. Ashok, Principal Secretary of the Agriculture department. Public sector organizations like KSCDC and CAPEX are tasked with direct procurement from farmers.
Facts for Prelims
- FactRecord price for domestic raw cashew nuts (RCN) set at ₹150 per kg by Kerala government
- BodyKerala State Cashew Development Corporation (KSCDC) and Kerala State Cashew Workers Apex Industrial Co-operative Society (CAPEX) are tasked with procurement
- PostB. Ashok serves as the Principal Secretary of the Agriculture department and Agricultural Production Commissioner in Kerala
For Mains
Q. Discuss the significance of state-led price interventions and direct procurement models in ensuring price stability and farmer welfare in the plantation crop sector.
Dimensions to cover in your answer
- Market distortion: Risk of creating artificial price floors affecting long-term market competitiveness
- Institutional role: Strengthening public sector undertakings to bridge the gap between growers and industrial processors
Keywords: Price Intervention · Direct Procurement · Farmer Welfare · Market Stabilization · Public Sector Undertakings
More Agriculture notes
- Over six lakh Maharashtra farmers yet to get 2017 loan waiver scheme benefit: Minister in assembly · 27 February 2026
- CM inaugurates State-level Pattaya mela; 4.56 lakh families get land rights during Pinarayi govts. · 26 February 2026
- Mechanisation of agriculture fails to dampen demand for Killari breed bullocks in Karnataka, Maharashtra · 26 February 2026
- Kerala’s fisherfolk 'army' gets valuable rescue lessons from NIWS Goa · 25 February 2026
- Centre increases MSP for jute; farmers in West Bengal, Assam to benefit · 24 February 2026
- Now khata changes for farmlands in Karnataka can be done through mobiles · 24 February 2026
Something wrong, or something missing?
Spotted a mistake in a note, or want a topic, format or PDF that would help your preparation? Write to us. We read every mail and fix errors fast.
This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.