Centre to reimburse tomato storage, transport costs for MP farmers

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Centre to reimburse tomato storage, transport costs for MP farmers - Business Standard

Quick Summary:

Under this scheme, where there is a price difference of TOP crops (tomato, onion and potato) between producing and consuming states, the operational cost incurred in storage and transportation of crops from producing state to other consuming states will be reimbursed to the central nodal agencies like NAFED and NCCF.

In view of falling tomato prices, the Centre on Wednesday said it will reimburse the storage and transportation cost of tomato in Madhya Pradesh under the market intervention scheme through cooperative NCCF.

Agriculture Minister Shivraj Singh Chouhan has approved the implementation of transportation component of market intervention scheme (MIS) for tomato in the state through NCCF.