CM’s Onion Incentive Scheme for Madhya Pradesh Farmer Details Online
The Government of Madhya Pradesh had launched a new scheme for farmers named as MP Chief Minister’s Onion Incentive Scheme 2019. The main objective of this scheme is to ensure fair price to the farmers for onions and those traders who purchase crops at higher prices from MP farmers and sell crops outside the state would get 75% of assistance and 100% of compensation. Madhya Pradesh government will also encourage cooperative marketing committees, agricultural producer organizations, public and private sectors, institutions and businessmen not to purchase onions from farmers at price less than Rs. 800 per quintal.
Officials has noticed that on the arrival of onion in MP their prices drop in the Mandis but they get good prices in other big cities like Delhi, Kanpur, Lucknow, Kolkata and Ranchi. So, traders of the state who buy onions from farmers for more than Rs 800 per quintal and sell it in the Mandis outside the state will be given grant up to 75 % of the expenditure on transport and storage. Through this scheme all the buyers (traders) will not be able to purchase onions at less than Rs. 800 per quintal and the traders who buy from the farmers for price higher than Rs. 800 per quintal and sell onions in Mandis outside the state will get 75% grant of expenditure on transport and storage.
As the farmenrs are getting loss in the months May and June, if the prices fall below Rs.800 per quintal in the market then the difference amount between the model selling price of the fixed mandis and the Support Price of Rs 800 per quintal will be directly credited to the bank account of the registered farmers who sell onions during this period of loss.
Chief Minister of Madhya Pradesh Kamal Nath who launched CM’s Onion Incentive Scheme urges all the farmers to not to bring their entire onion for sale in market, because as the farmers brings their entire produce in the market it causes unnecessary pressure of fall in the prices on onion. He suggested that the farmers must only sell onions of the amount which they require at the time of arrival of crop. Then the farmers can simply store the remaining produce of onions. By implementing CM’s Onion Incentive Scheme there will not have any impact on the prices of onions in the Mandis and the farmers will get fair prices of their crop.