Government Steps Up with Mango Market Intervention

The Centre has unveiled a significant intervention in the mango market, intending to procure 2.5 lakh tonnes of the fruit from Karnataka during 2025-26. The effort is part of the Market Intervention Scheme (MIS) and aims to assist struggling farmers facing a drastic drop in mango prices.

The decision follows concerns raised by Union Minister H D Kumaraswamy regarding his home state's distressed mango growers. Agriculture Minister Shivraj Singh Chouhan confirmed the procurement plan to Kumaraswamy, highlighting the government's effort to stabilize the market.

This initiative will offer a lifeline to farmers, given that current market prices have plunged to Rs 400 per quintal, in stark contrast to the government's procurement rate of Rs 1,616 per quintal. The strategy aims to alleviate the financial burden on mango producers in Karnataka.

(With inputs from agencies.)