The official said the Union Government had fixed the MSP (minimum support price) for red gram at Rs. 1,410 a quintal this year. The State Government would fix a higher support price like it did last year, he said.
Last year, while the Centre fixed the MSP at Rs. 1,400 a quintal, the State Government fixed it a Rs. 1,740 for grade I and Rs. 1,690 for grade II.
Mr. Venkataiah said that unlike in the past, the market intervention by the board would be more effective this season and red gram procurement centres would be set up in Gulbarga, Bidar and Raichur districts, well before the second week of December when fresh stocks start arriving in the market.
I am sure there is no dearth of good intentions behind government interventions such as these. But such policies demand too little to think up (farmers are getting too little money, fix a minimum support price), and too much to put through (look at this, "the market intervention by the board would be more effective this season".) It should be the other way. Ideas?
No comments:
Post a Comment