02 May, 2020
7 Min Read
Government raises Minimum Support Price (MSP) for Minor Forest Produce (MFP)
Part of: GS-III- Economy (PT-MAINS-PERSONALITY TEST)
TRIFED to monitor the implementation of the revised MSP in states
In a crucial announcement affecting the livelihoods of tribal gatherers , the Government today revised the Minimum Support Price (MSP) for Minor Forest Produce (MFP) of 49 items.
The order issued by the Ministry of Tribal Affairs in New Delhi today states that the MSP for MFPs is revised once in every 3 years by the Pricing Cell constituted under the Ministry of Tribal Affairs, Government of India.
It further states that however, in view of the exceptional and very difficult circumstances currently prevailing in the country on account of COVID-19 pandemic and the potential of the instant scheme to offer the much needed support to the tribal MFP gatherers, the competent authority has decided to relax the existing provisions in the scheme guidelines and effect revision of MSP in respect of the MFP items currently covered under the scheme after the due consultation with MFP Pricing Cell.
The increase across various items of minor forest produce ranges from 16% to 66%. The increase is expected to provide an immediate and much needed momentum to procurement of Minor Tribal Produce in at least 20 States.
It mainly undertakes two functions viz. Minor Forest Produce (MFP) development and Retail Marketing and Development.
Minor Forest Produce (MFP) development
Retail Marketing and Development
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