India, Feb. 10 -- The Government of India issued the following news release:
Market Intervention Scheme (MIS) is a component of PM-AASHA scheme. Market Intervention Scheme (MIS) is implemented on the request of State/UT Government for procurement of various perishable agricultural/horticultural commodities such as tomato, onion and potato etc. for which Minimum Support Price (MSP) is not applicable and there is a reduction of at least 10% in the market prices in the States/UTs as compared to the rates of the previous normal season, so that farmers are not forced to sell their produce under distress.
To encourage more States for implementation of MIS, Government has revised the MIS Guidelines in the following provisions:
1. Made MIS a co...