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Price Intervention Scheme for Kashmir Apple
Why is it in the news ?
- Governor Satya Pal Malik announced market intervention scheme to buy crop worth ₹8,000 crore directly from the farmers in Kashmir.
More in the news
- The government’s market intervention, the first of its kind in J&K, will allow the apples produce to be bought from the doorsteps of the orchardists.
- Direct payment will be made to their account.
- Transportation will be the job of the procurer only
- Government want to ensure that the scheme reaches the grass-roots level.
- This will also help resolve unemployment issue.
- Kashmir produces 75% of the total apple crop in the country at 20 lakh metric tonnes.
- The fruit growers are not sure about prices and sell in distress.
- The intervention of ₹8,000 crore will reach out to 60% of total population of J&K.
Source
The Hindu.