February 15 , 2025
5 hrs 0 min
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- The agriculture ministry has revised the guidelines for the Market Intervention Scheme (MIS).
- It is increasing the procurement limit of crops to 25% from 20%.
- The MIS is implemented for procurement of various perishable agricultural / horticultural commodities such as tomato, onion, potato, etc.
- For these goods, the minimum support price (MSP) is not applicable.
- The MIS will be implemented only when there is a minimum reduction of 10% in the prevailing market price as compared to the previous normal year.
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