Govt to buy 12 lakh tonne apples from J-K

October 21, 2020 16:38

The Cabinet on Wednesday approved the extension of a scheme under which cooperative NAFED will procure 12 lakh tonne apples in Jammu and Kashmir during the current 2020-21 season. National Agricultural Cooperative Marketing Federation (NAFED) has also been allowed to use the government guarantee of Rs 2,500 crore for this operation. The losses, if any, will be shared between the Centre and Jammu and Kashmir government on a 50:50 basis. A decision in this regard was taken in the Cabinet meeting chaired by Prime Minister Narendra Modi.

"The Union Cabinet approved the extension of Market Intervention Scheme (MIS) for apple procurement in Jammu and Kashmir (J&K) for the current season also i.e. 2020-21 on the same terms and condition as was done in J&K during last season 2019-20," an official statement said.

About 12 lakh tonne apple can be procured under this scheme directly from apple growers of Jammu and Kashmir, and the payment will be made through Direct Benefit Transfer (DBT) into their bank account, it added.

This will provide an effective marketing platform for apple growers and will facilitate the employment generation for the local people. It will ensure remunerative prices for apple, resulting in the overall income enhancement of farmers in J&K, the statement said. -- PTI

Image: Kashmiri apple farmers put apples in the boxes after picking them at Shopian district, Srinagar. Pic: ANI

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