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Aparna
Aparna

Aparna

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Aparna
Asked: October 17, 20212021-10-17T01:50:26+05:30 2021-10-17T01:50:26+05:30In: Economics

What is MSP for MFP Scheme?

What is MSP for MFP Scheme?

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      [Deleted User]
      2021-10-17T17:22:05+05:30Added an answer on October 17, 2021 at 5:22 pm

      Context:

      TRIFED has asked to initiate procurement of Minor Forest Produces (MFPs) at Minimum Support Price (MSP) from the available funds under MSP for MFP Scheme.

      About:

      • Minor Forest Produce (MFP)’ refers to all non-timber forest produce of plant origin. It is an important source of livelihood for tribal people are non-wood forest products.
      • MFP includes bamboo, canes, fodder, leaves, gums, waxes, dyes, resins and many forms of food including nuts, wild fruits, Honey, Lac, Tusser etc.
      • They form a major portion of their food, fruits, medicines, and other consumption items and also provide cash income through sales.

      The Scheme:

      • The government introduced the scheme of “Mechanism for Marketing of Minor Forest Produce (MFP) through Minimum Support Price (MSP) and development of value chain.
      • The scheme is designed as a social safety net for the improvement of the livelihood of MFP gatherers by providing them a fair price for the MFPs they collect. The scheme has been started with the following objectives.
        • To provide fair price to the MFP gatherers for the produce collected by them and enhance their income level
        • To ensure sustainable harvesting of MFPs.

      About TRIFED:

      • TRIFED was established in August 1987 under the Multi-State Cooperative Societies Act, 1984. Currently it is under Ministry of Tribal Affairs.
      • TRIFED is mandated to ringing about socio-economic development of tribals of the country by institutionalising the trade of Minor Forest Produce (MFP) & Surplus Agricultural Produce (SAP) collected/ cultivated by them.
      • TRIFED plays the dual role of both a market developer and a service provider, empowering them with knowledge and tools to better their operations in a systematic, scientific manner and also assist them in developing their marketing approach.
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