{"id":7507,"date":"2020-04-13T15:06:23","date_gmt":"2020-04-13T09:36:23","guid":{"rendered":"https:\/\/triumphias.com\/blog\/?p=7507"},"modified":"2020-04-13T15:06:23","modified_gmt":"2020-04-13T09:36:23","slug":"market-intervention-scheme","status":"publish","type":"post","link":"https:\/\/triumphias.com\/blog\/market-intervention-scheme\/","title":{"rendered":"Market Intervention Scheme"},"content":{"rendered":"<p><span style=\"color: #0000ff;\"><strong>Relevance: Prelims: Economy<\/strong><\/span><\/p>\n<p><span style=\"color: #ff0000;\"><strong>Why in news?<\/strong><\/span><\/p>\n<div class=\"entry-content\">\n<p>\u2022 The Centre has now directed all the States and Union Territories to implement the Market Intervention Scheme to ensure good prices for perishable crops.<\/p>\n<p><b>About:<\/b><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.insightsonindia.com\/wp-content\/uploads\/2019\/09\/Market-Intervention-Price-Scheme.jpg\" alt=\"Market Intervention Price Scheme - INSIGHTSIAS\" \/><\/p>\n<p>\u2022 The Market Intervention Scheme is meant to protect the growers of perishable commodities from making distress sales, especially at times when prices fall below the cost of production.<\/p>\n<p>\u2022 The scheme can be invoked by a State which is willing to bear half the losses of procurement, with the remainder being borne by the Centre, whenever there is a 10% fall in ruling market prices in comparison to the previous normal year.<\/p>\n<p><span style=\"color: #0000ff;\"><strong>For more such notes, Articles, News &amp; Views Join our Telegram Channel.<\/strong><\/span><\/p>\n<p><a title=\"Telegram Link\" href=\"https:\/\/t.me\/triumphias\" target=\"_blank\"><span style=\"color: #ff0000;\"><strong>https:\/\/t.me\/triumphias<\/strong><\/span><\/a><\/p>\n<p><span style=\"color: #0000ff;\"><strong>Click the link below to see the details about the UPSC \u2013Civils courses offered by Triumph IAS.<\/strong> <\/span><span style=\"color: #ff0000;\"><strong><a style=\"color: #ff0000;\" href=\"https:\/\/triumphias.com\/pages-all-courses.php\">https:\/\/triumphias.com\/pages-all-courses.php<\/a><\/strong><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Relevance: Prelims: Economy Why in news? \u2022 The Centre has now directed all the States and Union Territories to implement<\/p>\n","protected":false},"author":1,"featured_media":7214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[123],"tags":[392],"class_list":["post-7507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-union-public-service-commission-upsc"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/7507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/comments?post=7507"}],"version-history":[{"count":1,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/7507\/revisions"}],"predecessor-version":[{"id":7508,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/7507\/revisions\/7508"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media\/7214"}],"wp:attachment":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media?parent=7507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/categories?post=7507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/tags?post=7507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}