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Minor Forest Produce (MFP)
May 9 , 2020
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- Recently, Union government has revised the Minimum Support Price (MSP) for Minor Forest Produce (MFP).
- MFP includes all non-timber forest produce of plant origin.
- It includes bamboo, canes, fodder, leaves, gums, waxes, dyes, resins and many forms of food including nuts, wild fruits, honey, lac, tusser etc.
- MSP for MFPs is revised once every three years by the Pricing Cell constituted under the Ministry of Tribal Affairs.
- The MSP is the rate at which the government buys produce from farmers and tribal.
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