Centre to study Karnataka's agri-dash board model

Image
Press Trust of India New Delhi
Last Updated : Oct 11 2018 | 5:50 PM IST

The Centre has decided to study Karnataka's latest agri-dashboard model that indicates if mandi prices of crops are ruling below the minimum support price (MSP), so that the government can make timely intervention to protect interest of farmers, a senior state government official said Thursday.

The agri-price analysis dashboard, which the Karnataka government launched in July known as KRIPA, provides analysis of whether spot prices are ruling below MSP and also forecasts rates for next three months.

"In a meeting with the Union Agriculture Ministry officials Wednesday, our dashboard was discussed in detail. The centre has in-principally agreed to study it and see if it can pursue with other states to implement," agri-price advisory body Karnataka Agricultural Prices Commission Chairman T N Prakash Kammardi told reporters here.

The dashboard provides prices prevailing in 176 Agricultural Produce Market Committee (APMC) mandis in Karnataka, the arrival and sale of crops as per varieties among other details on a daily basis, he said.

"Based on this data, the government can quickly decide whether it has to intervene in the market immediately and start procurement at the MSP and save farmers from distressed sale," he added.

Recently, the state government had submitted a proposal before the central government for timely procurement of green gram at MSP based on this data.

Kammardi said, earlier there used to be delay in the MSP procurement in Karnataka in the absence of timely details about price crash in crops from district headquarters.

Declaring MSP alone is not important, it is necessary to ensure farmers get it. There is a strong mechanism to buy wheat and rice in the country. The dashboard will help to ensure MSP to farmers for other crops, he added.

The state official said that the Centre's recently approved market assurance scheme, price deficiency payment and private procurement will go a long way in ensuring MSP to farmers.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 11 2018 | 5:50 PM IST

Next Story