National Academy of Agricultural Sciences (NAAS)
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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706 Issues : 12 per year Publisher : Excellent Publishers Email : editorijcmas@gmail.com / submit@ijcmas.com Editor-in-chief: Dr.M.Prakash Index Copernicus ICV 2018: 95.39 NAAS RATING 2020: 5.38 |
Karnataka government in the year 2016-17 intervened in market to procure onion at Rs. 624 quintal in major crop growing districts to protect onion farmers from distress sale. This move was aimed at boosting and stabilizing the onion prices, which had been ruling at abnormally low levels. During the year 2016-17 through Procurement Scheme 5,10,397 quintals of onions were procured from 8,714 farmers and government incurred Rs.51.19 crores loss. In case of Price Deficiency Payment Scheme 2,99,954 quintals of onions were sold from 7,064 farmers in Bagalkot and Gadag district during the year 2018-19. And loss percentage was negligible because government provided balance amount to farmers rather than onion procurement. Under the new system, the government has fixed the support price level for onion at Rs.700 per quintal and the Price Deficiency Payment level at Rs.200. Hence, this scheme reduced the burden on government. Farmers also have experienced better profitability by supplying to emerging channels such as marketing through price deficiency payment scheme compared to direct procurement.
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