Centre-state mango aid: Karnataka farmers to be paid for price decline on 2.5 lakh tonnes; mango price fall prompts joint compensation plan

The Centre and Karnataka authorities have agreed to collectively compensate mango farmers within the state for up to 2.5 lakh tonnes of produce after a pointy decline in market costs, in accordance to an official assertion issued on Saturday.The determination was taken throughout a video convention between Union Agriculture Minister Shivraj Singh Chouhan and Karnataka Agriculture Minister N Chaluvaraya Swamy, the place the 2 sides finalised a joint compensation mechanism underneath a central authorities scheme.“To address the drop in mango prices, the central and state governments will jointly bear the cost of the price difference and pay that to the farmers,” the Union agriculture ministry stated.Union Agriculture Secretary Devesh Chaturvedi additionally participated within the assembly.The aid will apply to 25% of the estimated 10 lakh tonnes of mangoes produced within the state this season, the assertion stated. Karnataka had earlier submitted a proper proposal to the Centre, citing a price crash in each tomatoes and mangoes, notably the Totapuri selection.However, Swamy knowledgeable the Centre that tomato costs had stabilised because the proposal was submitted, and thus, no speedy intervention was wanted for tomatoes.“Since farmers were receiving much lower-than-usual prices for Totapuri mangoes, it was decided that the difference in price from the usual market rate would be borne equally by the Centre and state governments,” the ministry stated.Swamy thanked Chouhan for approving the transfer. “This decision will support and provide relief to mango-producing farmers in the state,” he stated.