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Good days for palm oil farmers
The recently implemented ‘Market Intervention Scheme (MIS) for Fresh Fruit Bunches (FFB)’ comes as a welcome respite for the farming community in Telangana and Andhra Pradesh who produce more than 90 per cent of the Indian palm oil.
The recently implemented ‘Market Intervention Scheme (MIS) for Fresh Fruit Bunches (FFB)’ comes as a welcome respite for the farming community in Telangana and Andhra Pradesh who produce more than 90 per cent of the Indian palm oil.
The Oil Palm Developers and Processors Association (OPDPA) have applauded the move of the Central Government to assist the Palm Oil farmers by implementing the scheme that renders Oil Palm to Rs 7,888 per ton.
Commenting on the development, Sanjay Goenka, President OPDPA said, “The announcement of MIS is a huge relief for the farmers and also for the industry, which has been bleeding over the last season.
OPDPA’s agenda will continue to pursue the cause of getting the much required changes made to existing policies, enhance subsidies and to undertake other significant initiatives to help sustain this important industry.”
