 "Nafed,Cabinet Committee on Economic Affairs ,CCEA, commodities, pulses prices, oilseed pricem, state government, small farmers agri business consortium, SFAC, Price support scheme, PSS, government of india, minimum support price, MSP, framers distres")
The Centre’s two new procurement models to ensure that farmers get the maximum benefit of increased minimum support price (MSP) will be discussed with the states during a two-day annual kharif conference starting from Wednesday.
The procurement models consisting of Market Assurance Scheme (MAS) — under which Centre gives operational freedom to states to intervene in the event of prices falling below the MSP, while sharing a portion of the loss — and Price Deficiency Payment, modelled on Madhya Pradesh’s Bhawantar model, will be discussed.
Wheat and rice would be kept out of these models, which would be applicable for pulses, oilseeds
