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Indian-Commodity  :  Commodities  :  Potato  :  Ministry approves procurement of one lakh MT of potatoes under MIS

Ministry approves procurement of one lakh MT of potatoes under MIS (12-Apr-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 100,000 metric tonne (MT) of potato may be procured under the scheme by the state agency.

The MIS will be implemented by the state agency. The purchase centres/areas will be decided by the state government in consultation with 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. The state government will ensure that the produce is purchased from genuine farmers only.

The purchase will be made at Rs 4,870 per MT. The ministry will provide an additional Rs 1,217.50 per MT or actual whichever is less for overhead expenses, such as transportation charges, mandi tax and godown charges.



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