Mango MSP Under MIS: ₹1,616 per Quintal for Karnataka
Why in the news
The Union government fixed support pricing for mangoes after crop losses and falling prices hurt farmers in Karnataka, who had staged protests.
Key facts
| Point | Detail |
|---|---|
| Price | ₹1,616 per quintal |
| Procurement target | 2.5 lakh metric tonnes |
| Procuring agency | Karnataka government, with Centre’s approval |
- Trigger: protests with road blockade, fruit dumping and a bandh in Srinivasapura, the main mango hub.
About the Market Intervention Scheme
- Price support for horticultural and perishable crops not under the MSP regime.
- Prevents distress sales through state buying in price crashes; Centre shares losses on a state’s request.
Exam angle
- Scheme: Market Intervention Scheme. State: Karnataka.