Karnataka opens farmer registration for Totapuri mangoes under MIP scheme
GS3Economy · S&T · Environment · Security· MSP, procurement, PDS & food security· Prelims·
Why in news
The Karnataka government launched a Market Intervention Price (MIP) scheme to support Totapuri mango farmers in Kolar and Chickballapur districts.
Background
The Karnataka State Mango Development and Marketing Corporation Limited is implementing the scheme. The government set a purchase price of ₹1,750 per quintal with a target of 130,000 tonnes. Farmers can claim the price difference for up to 200 quintals and five acres.
Facts for Prelims
- SchemeMIP (Market Intervention Price) scheme: A state-level intervention to stabilize prices for specific crops like Totapuri mangoes.
- FactTarget procurement for the scheme: 130,000 tonnes.
- FactPurchase price set by Karnataka government: ₹1,750 per quintal.
- PlacePrimary mango-growing districts for this scheme: Kolar and Chickballapur.
For Mains
Q. Discuss how Market Intervention Price (MIP) schemes can mitigate price volatility for horticultural crops and ensure remunerative returns for small and marginal farmers.
Dimensions to cover in your answer
- Price discovery gap: Disparity between farm-gate prices and retail market prices during peak harvest seasons.
- Logistical bottleneck: Requirement for efficient cold chain and processing infrastructure to prevent post-harvest losses.
- Subsidy sustainability: Fiscal pressure on state exchequers to bridge the gap between MIP and fluctuating market demand.
Keywords: Price Volatility · Market Intervention · Horticultural Economics · Price Discovery · Farm-gate Price
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