To curb price volatility, early warning system developed for onion, potato

Alerts from the portal will help the govt take timely market intervention under the central scheme 'Operation Greens' by providing subsidy to farmers for storage and transportation of the produce

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A potato farmer at work in Khair tehsil, Aligarh Photo: Archis Mohan

Agencies
To develop a robust early warning system for onion,potato and tomato, Food Processing Minister Harsimrat Kaur Badal on Wednesday launched a portal that will forecast wholesale prices of the three key vegetables — for three months and alert the government to take timely action in the case of price crash due to glut. Alerts from the portal will help the government take timely market intervention under the central scheme 'Operation Greens' by providing subsidy to farmers for storage and transportation of the produce from surplus markets to consuming market, she said.
 
The alerts will be triggered when prices of these three perishable commodities fall to a three-year low levels at the time of harvest or when the price fall

First Published: Feb 27 2020 | 01:19 AM IST

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