Govt approves operationalisation strategy for Operation Greens | Current Affairs, Current Affairs 2018

Govt approves operationalisation strategy for Operation Greens

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Ministry of Food Processing Industries(MoFPI) under Union Minister Harsimrat Kaur Badal has approved the operationalisation strategy for Operation Greens. Operation Greens was announced in the Budget speech of 2018-19 with an outlay of Rs 500 crores to stabilize the supply of Tomato, Onion and Potato(TOP) crops and to ensure availability of TOP crops throughout the country round the year without price volatility.

Approving the measures, the Minister said “Price volatility of TOP crops wreaks havoc in the households of this country. This is a revolutionary scheme which has evolved after sustained dialogue with all stakeholders and we have decided the strategy to stabilize prices of TOP crops and to make sure that TOP crops reach all households in the country around the year.” Smt Badal added “Our government has laid down special measures and grants-in-aid under the scheme to ensure enhanced production of TOP crops and to augment value chain”.

The strategy will comprise of a series of measures as decided by the Ministry which include, short term Price Stabilisation Measures. NAFED will be the Nodal Agency to implement price stabilisation measures. MoFPI will provide 50 % of the subsidy on the following two components, Transportation of Tomato Onion Potato(TOP) Crops from production to storage, hiring of appropriate storage facilities for TOP Crops, Long Term Integrated value chain development projects, Capacity Building of FPOs & their consortium, Quality production, Post-harvest processing facilities, Agri-Logistics,
Marketing / Consumption Points, Creation and Management of e-platform for demand and supply management of TOP Crops. The pattern of assistance will comprise of grants-in-aid at the rate of 50% of the eligible project cost in all areas, subject to maximum Rs 50 crores per project. However, in case where PIA is/are FPO(s), the grant-in-aid will be at the rate of 70 % of the eligible project cost in all areas, subject to maximum Rs 50 crores per project.

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