Injection of ₹ 2K crore plus into the tribal economy

Procurement of Minor Forest Produce items has been initiated in 17 States with total procurement worth Rs. 835  Cr through Central Government and State funds and almost Rs 1200 crore through private trade (through sales at Mandis/ haat bazaars) since April 2020. This takes the total procurement for the year to Rs 2000 crore and provides a direct benefit transfer to tribal people in lieu of their Minor forest produces.

Daily Current Affairs Quiz 2020

Key-Points

This was disclosed at a media briefing webinar titled “MSP for MFP takes roots in Tribal India” was organised by TRIFED in New Delhi.

With the establishment of 1205, Tribal Enterprises and providing employment opportunities to 3.6 lakh tribal gatherers and 18000 Self-help groups in 22 States. 

This successful implementation has also acted as a catalyst in helping the Minimum Support Price for Minimum Forest Produce Scheme take roots across the country.

The scheme to begin with, was limited to two states but has now been expanded to 17 States.

It is a scenario to the MSP for MFP presented an opportunity to all the States.