The Meghalaya Cabinet approves the Rs 100 crore “CM Assure” initiative to support farmers
The "CM Assure" program, a market intervention effort to support farmers experiencing drops in prices for non-perishable crops, was approved by the Meghalaya Cabinet on Friday. The program is intended to help farmers during market downturns by offering them set procurement prices for their non-perishable agricultural products. In order to sustain revenues and avoid distress sales, the effort focuses on crops with longer shelf lives, like areca nut, ginger, and turmeric.
The Meghalaya State Agriculture Marketing Board will supervise execution, and a state-level committee will keep an eye on market prices to decide whether to activate the program. To guarantee prompt assistance, payments to farmers will be delivered directly through Direct Benefit Transfer (DBT). Important products like ...