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GOVERNMENT RAISES MSP FOR MFP

Why in news?

In a crucial announcement affecting the livelihoods of tribal gatherers, the Government, on 1st May 2020, revised the Minimum Support Price (MSP) for Minor Forest Produce (MFP) of 49 items.

In view of the exceptional and very difficult circumstances currently prevailing in the country on  account of COVID-19 pandemic and the potential of the instant scheme to offer the much needed support to the tribal MFP gatherers, the competent authority has decided to relax the  existing provisions in the scheme guidelines and effect revision of MSP in respect of the MFP items currently covered under the scheme after the due consultation with MFP Pricing Cell.

Read More About TRIFED, MSP and MFP here: https://www.legacyias.com/minor-forest-produces-in-exemption-list/

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