India News | Sayunkt Kisan Manch Threatens Agitation if Market Intervention Scheme Funds Not Raised to Rs 5,000 Cr
Get latest articles and stories on India at LatestLY. The Sayunkt Kisan Manch has taken strong exception to the Centre's move to cut funds under the Market Intervention Scheme, and threatened to launch an agitation if the budget for the scheme is not raised to Rs 5,000 crore.
Shimla, Feb 3 (PTI) The Sayunkt Kisan Manch has taken strong exception to the Centre's move to cut funds under the Market Intervention Scheme, and threatened to launch an agitation if the budget for the scheme is not raised to Rs 5,000 crore.
“The Union government has betrayed apple growers of Himachal Pradesh, Uttarakhand and Jammu and Kashmir by reducing the budget under the Market Intervention Scheme (MIS) from Rs 1,550 crore last year to just Rs 1 lakh in the Union Budget 2023-24 budget," a statement issued by the Manch said.
Under the scheme, fruit and vegetable produce, not covered under MSP (minimum support price), is purchased by the government, and the money is provided by the central and state governments in 50:50 ratio, it said.
"The decision of the government will harm the interests of apple, citrus fruits, garlic, cauliflower, coconut, mustard, and spices growers, and in case, the government does not retract, the farmer community will launch a big agitation," the statement added.
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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)