Andhra Pradesh launches ₹260 crore subsidy as Totapuri mango prices fall sharply
Totapuri mango prices have fallen sharply, prompting a government subsidy and other measures to support farmers. The Andhra Pradesh government released a ₹260 crore subsidy for Totapuri mango farmers, establishing a minimum procurement price of ₹12 per kilogram under the Market Intervention Scheme. The subsidy provides a ₹4 per kilogram payment and covers up to 6.5 lakh tonnes of mangoes. The ₹ ₹
Totapuri mango prices have fallen sharply, prompting a government response. The Andhra Pradesh government released a ₹260 crore subsidy for Totapuri mango farmers, setting a minimum procurement price of ₹12 per kilogram under the Market Intervention Scheme.
The subsidy includes a ₹4 per kilogram payment and is intended to cover up to 6.5 lakh tonnes of mangoes. The funds were released on the instructions of Chief Minister N Chandrababu Naidu, according to TheSouthFirst.com.
According to The Hindu, the Centre established a panel to examine issues affecting Andhra’s Totapuri mango farmers. The same outlet reported that farmers informed Union Minister for Agriculture Shivraj Singh Chouhan that the sustained fall in mango prices adversely affected their income and caused financial stress.
TheSouthFirst.com reported that pulp companies are expected to pay between ₹8 and ₹10 per kilogram for Totapuri mangoes, and that pulp manufacturing units in Chittoor and Tirupati stopped procuring the fruit.
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