Siddaramaiah urges PM to implement price deficiency scheme for red chillies

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Siddaramaiah urges PM to implement price deficiency scheme for red chillies - Business Standard

Quick Summary:

The Chief Minister noted that the Government of India has approved the Price Deficiency Payment (PDP) scheme under the Market Intervention Scheme (MIS) for Red Chillies (Guntur Variety) in Andhra Pradesh, fixing the Minimum Intervention Price (MIP) at Rs 11,781 per quintal with coverage for up to 25 per cent of production.

Chief Minister Siddaramaiah has written to Prime Minister Narendra Modi and Union Agriculture Minister Shivraj Singh Chouhan requesting for implementation of price deficiency payment scheme under Market Intervention Scheme for red chillies in Karnataka.

In the letter, he expressed deep concern for the lakhs of red chilli farmers in Karnataka, particularly in the Kalyana Karnataka region, who are facing an "unprecedented crisis" due to the drastic fall in market prices.