MoA&FW Revised Market Intervention Scheme Guidelines

Current Context: The Ministry of Agriculture & Farmers Welfare (MoA&FW) revised the Market Intervention Scheme (MIS) guidelines on February 10, 2025. 

• Here are the key changes:
• Increased Procurement Limit: The procurement limit has been raised from 20% to 25% to better support farmers.
• Direct Benefit Transfers: Farmers will now receive payments directly into their bank accounts, ensuring quicker and more transparent transactions.
• Expanded Procurement Agencies: More agencies will be involved in the procurement process to make it more efficient and accessible.
• These revisions aim to provide better support to farmers by ensuring they get remunerative prices for their perishable crops, especially during times when market prices fall below a certain level.

Question:

1. What change has been made to the procurement limit under the revised Market Intervention Scheme (MIS) guidelines?

• A) Increased from 15% to 20%
• B) Increased from 20% to 25%
• C) Decreased from 20% to 15%
• D) Decreased from 25% to 20%

Answer: B) The revised guidelines increase the procurement limit from 20% to 25%, which is intended to offer more substantial support to farmers during market price downturns.