Floor Price Scheme for Agricultural Commodities in Karnataka- A Case Study on Maize and Onion Commodities.

Sathyendra Kumar A D

Volume : IV, Issue : X, October - 2015

Floor Price Scheme for Agricultural Commodities in Karnataka- A Case Study on Maize and Onion Commodities.

Sathyendra Kumar A D

Abstract :

The Market Intervention Scheme (MIS) is an ad-hoc scheme under which are included horticultural commodities and other agricultural commodities which are perishable in nature and which are not covered under the minimum price support scheme. This scheme is also known as "Floor price scheme for Agricultural / horticultural commodities in Karnataka". The present study was undertaken for documentation of commodities comes under Floor Price scheme in Karnataka during 1999-00 to 2014-15 and al so analyzing the Quantity and Value of procurement of Maize and Onion in Karnataka from 1999-00 to 2014-15. The study shows that in the 19 commodities consider under FPS and in the year 2008-09 Procurement of Maize is very high and total beneficiaries are 294315. Similarly during 2006-07 Procurement of onion under FPS is high and total number of beneficiaries are 48631.