Approval for procurement of potatoes from farmers in Uttar Parades

Ministry of Agriculture and Farmers Welfare supports potato growers in Uttar Pradesh

Question: How much the rate per metric tonne for procurement of potatoes has been fixed by the Union Ministry of Agriculture and Welfare in Uttar Pradesh?
(a) Rs.4250
(b) Rs.4460
(c) Rs.4750
(d) Rs.4870
Answer- (d)
Related facts:

  • On April 11th, 2017, the Ministry of Agriculture and Farmers Welfare has approved the procurement of potato under Market Intervention Scheme (MIS) in Uttar Pradesh for the crop season 2016-17.
  • A maximum quantity of 1,00,000 metric tonne (MT) of potato may be procured under the scheme by the State Agency.
  • The purchase will be made at Rs. 4,870/- per MT.
  • An additional Rs. 1217.50/- per MT or actual whichever is less for overhead expenses, such as transportation charges, mandi tax, and godown charges will also provided by government.
  • The Market Intervention Scheme (MIS) will be implemented by the State Agency.
  • The Potatoes will be purchased from the Cooperative Societies, farmers’ organizations or directly from the farmers to eliminate the possibility of middlemen taking advantage of the scheme and to maintain transparency.
  • The procured stocks will be disposed of in the open market to ensure maximum realizable price.
  • Payment to farmers as far as possible will be made through non-cash transaction and receipts for sales must be through banking channel only, preferably through Demand Draft.

Reference:
https://twitter.com/RadhamohanBJP/status/850668759790436352
http://pib.nic.in/newsite/hindirelease.aspx?relid=60392
http://pib.nic.in/newsite/PrintRelease.aspx?relid=160877